CMHC Canada Housing Starts

Country:
Canada
CAD, Canadian dollar
Sector:
Housing
Medium 267.443 K 291.472 K
275.158 K
Last release Importance Actual Forecast
Previous
292.474 K
267.443 K
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Canada Mortgage and Housing Corporation (CMHC) Housing Starts show the number of new housing projects that started during the reported month. The indicator characterizes the activity in the housing market and related sectors, including banking (mortgage loans), construction sector, etc.

The indicator is calculated by the Canada Mortgage and Housing Corporation. Its database includes more than 14,000 housing units.

Housing starts data is rarely interpreted in absolute terms, since construction is highly dependent on weather conditions, geographic location in the region, and time of the year. That is why analysts normally measure the indicator change for several months. Economists pay special attention to the following reference points when interpreting the indicator:

  • an increase in demand for new homes points to the growth of the population welfare
  • an increase in new housing constructions leads to an increase of employment in the construction industry
  • an increase in demand for new homes may lead to an increased demand for other products needed to new home buyers, such as new furniture, appliances, etc. This may spur consumer activity and affect price indices
  • the indicator growth may lead to an increase in the real estate market

Taking into account the above points, higher readings of housing starts may have a positive impact on the Canadian dollar quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "CMHC Canada Housing Starts" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Aug 2022
267.443 K
291.472 K
275.158 K
Jul 2022
275.329 K
282.444 K
272.381 K
Jun 2022
273.841 K
261.333 K
282.188 K
May 2022
287.257 K
243.012 K
265.734 K
Apr 2022
267.330 K
229.960 K
248.389 K
Mar 2022
246.243 K
226.839 K
250.246 K
Feb 2022
247.256 K
226.837 K
229.185 K
Jan 2022
230.754 K
238.695 K
238.405 K
Dec 2021
236.106 K
253.687 K
303.813 K
Nov 2021
301.279 K
241.659 K
238.366 K
Oct 2021
236.554 K
256.864 K
249.922 K
Sep 2021
251.151 K
269.892 K
262.754 K
Aug 2021
260.239 K
279.266 K
270.744 K
Jul 2021
272.176 K
284.339 K
281.200 K
Jun 2021
282.070 K
284.433 K
286.296 K
May 2021
275.916 K
282.692 K
267.449 K
Apr 2021
268.631 K
290.707 K
335.200 K
Mar 2021
335.200 K
240.146 K
275.567 K
Feb 2021
245.922 K
239.918 K
284.372 K
Jan 2021
282.428 K
232.054 K
229.350 K
Dec 2020
228.279 K
224.085 K
259.949 K
Nov 2020
246.033 K
216.494 K
215.134 K
Oct 2020
214.875 K
210.324 K
208.715 K
Sep 2020
208.980 K
225.755 K
261.547 K
Aug 2020
262.396 K
207.514 K
245.425 K
Jul 2020
245.604 K
183.221 K
212.095 K
Jun 2020
211.681 K
193.408 K
195.453 K
May 2020
193.453 K
200.597 K
166.477 K
Apr 2020
166.415 K
206.819 K
195.420 K
Mar 2020
195.174 K
212.745 K
210.574 K
Feb 2020
210.069 K
215.709 K
214.031 K
Jan 2020
213.224 K
217.686 K
195.892 K
Dec 2019
197.329 K
220.543 K
204.320 K
Nov 2019
201.318 K
212.639 K
200.674 K
Oct 2019
201.973 K
210.580 K
221.135 K
Sep 2019
221.202 K
204.264 K
226.871 K
Aug 2019
226.639 K
201.809 K
222.467 K
Jul 2019
222.013 K
199.329 K
245.455 K
Jun 2019
245.657 K
200.118 K
196.809 K
May 2019
202.337 K
192.517 K
233.410 K
Apr 2019
235.460 K
201.294 K
191.981 K
Mar 2019
192.527 K
212.190 K
166.290 K
Feb 2019
173.153 K
209.699 K
206.809 K
Jan 2019
207.968 K
209.699 K
213.630 K
Dec 2018
213.419 K
212.721 K
224.349 K
Nov 2018
215.941 K
218.290 K
206.753 K
Oct 2018
205.925 K
218.290 K
189.730 K
Sep 2018
188.683 K
222.117 K
198.843 K
Aug 2018
200.986 K
217.529 K
205.751 K
Jul 2018
206.314 K
217.769 K
246.200 K

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Use official plugin for WordPress websites

Use official plugin for WordPress websites

Download
Widget type
Language
Color theme
Date format
Size
×
Display information
Default calendar period
Your embed code