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Housing Starts in Canada on the Rise

Posted by Scott Boyd at 9:02 am EST, 11/09/2009

The number of housing starts in Canada narrowly missed expectations of 158,000 with a seasonally-adjusted 157,300 units according to the Canada Mortgage and Housing Corporation. Despite missing the predicted number of starts, Canada’s housing sector continues to show positive gains after several months of declines.

Filed under: Forex Round Up, CAD

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November
20
Today’s Global
Market Events
8:30 am
CAD
Core Retail Sales m/m
0.5%
CAD
Retail Sales m/m
0.8%
10:00 am
USD
Existing Home Sales
5.57m
6:00 pm
AUD
CB Leading Index m/m
1.8%