Canada's housing starts for May significantly exceeded expectations, reaching an annualized 264.5K units. This figure surpassed the forecast of 245.14K and the previous month's total of 240.2K. The data indicates a robust performance in the Canadian housing market, reflecting strong construction activity.
Canadian Housing Starts May: 264.5K (est 245.1K; prev 240.2K) #CanadaEconomy #CanadaNews
CANADIAN HOUSE STARTS, ANNUALIZED ACTUAL 264.506K (FORECAST 245.14K, PREVIOUS 240.2K) $MACRO
🇨🇦 Canada Housing Starts (May) $CAD Actual: 264.5K 🟢 Expected: 247.0K Previous: 241.1K
CANADA HOUSING STARTS (MAY) ACTUAL: 264.5K VS 240.2K PREVIOUS; EST 247.0K @MtlExchange
Canada May housing starts 264.5K vs 246.5K expected https://t.co/9tEoKIoTMD