Canada's housing data in focus - TDS

Market news

9 July 2019

Canada's housing data in focus - TDS

TD Securities analysts are expecting the Canadian housing starts to rebound to a 210k pace in June, in line with the market consensus, on a recovery in multi-unit construction following record permit issuance in April.

“May building permits will be released shortly afterward at 8:30 ET, with the market looking for a 10% pullback following a +14.7% m/m print in April.”

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