- Prior 156.8k. Revised to 156.6k
Canadian housing starts 08 05 2014
“In April, the trend in housing starts was essentially stable at 183,515 units. This is in line with CMHC’s analysis indicating that the new home construction market in Canada is headed for a soft landing in 2014,” said Mathieu Laberge, Deputy Chief Economist. “Over the remainder of the year, builders are expected to continue to adjust activity, particularly with respect to multiples, in order to manage inventory levels.”
USD/CAD still floating around the 1.0870 mark after it’s earlier slide from 1.0888
