The Canadian housing market rose for a second straight month in February. According to the government-owned Canada Mortgage and Housing corporation (CMHC), seasonally adjusted annualized housing starts reached 181,900 units in February, up 6.6% from a revised 170,600 units in January (previously reported: 170,400 units). Moreover, the figure came in above market analyst expectations of 173,500 housing starts in February. The CMHC estimates housing starts will total 174,800 units in 2011.
Housing starts push higher in February
March 8, 2011
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Canada Economic News
October 11, 2016
The Teranet-National Bank National Composite House Price index rose 0.7% in September from the previous month, which followed the 1.5% increase in August.
October 8, 2016
Seasonally-adjusted annualized housing starts registered 220,600 units in September, according to the government-owned Canada Mortgage and Housing Corporation (CMHC).
October 7, 2016
The Ivey Purchasing Managers’ Index (PMI), sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, increased a seasonally-adjusted 6.1 points in September, rising from 52.3 in August to 58.4.
September 30, 2016
In July, GDP grew a strong 0.5% over the previous month in seasonally-adjusted terms.
September 23, 2016
In August, seasonally-adjusted consumer prices recorded a 0.1% decrease over the previous month, which was down from the flat figure recorded in July and marked the lowest reading in six months.