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Canadian Housing Starts Surprise to the Upside in September

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 8, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Canadian housing starts defied expectations in September 2015, unexpectedly surging by 7.7% to an annualized 230,700 units, thereby building on an outsized 10.9% jump recorded in August (initially reported as a 12.2% jump). Market expectations had been for starts to retrench to 202,000 units in September; instead, in September, starts[​IMG]

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