Canada's housing data in focus – TD Securities

Market news

10 September 2019

Canada's housing data in focus – TD Securities

Analysts at TD Securities note that Canadian housing starts and building permits will deliver an update on residential investment for Q3.

“TD looks for housing starts to recover to a 230k (market: 212k) on more favorable weather conditions along with signs of green shoots the resale market. Meanwhile, the market consensus is for a 2.0% rebound in building permit issuance for July.”

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