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Housing Starts s.a (YoY)

2020-02-10 21:24
CAD
  • 197.3
  • 210
  • 213.2
The Housing Starts released by the Canadian Mortgage and Housing Corporation captures how many new single-family homes or buildings were constructed. It shows the strength of the Canadian housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. A high reading is seen as positive (or bullish) for the CAD, while a low reading is seen as negative (or bearish).

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