Housing Starts. Canada, 14:15 (GMT+2)

Housing Starts release is due at 14:15 (GMT+2) in Canada. It is predicted that the value will rise to 205K YoY in September from 201K YoY a month earlier. The Canada Mortgage Building Index reflects the number of single-family housing projects that have begun. Construction volumes are closely related to the state of household incomes, and the growth of the indicator signals a general improvement in the welfare of the economy and its growth. A high value has a positive effect on CAD. A low value is a negative factor for CAD.

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