Back
9 Apr 2013
Forex Flash: Canadian Housing data in focus - TD Securities
FXstreet.com (Barcelona) - TD Securities analysts note that Canadian Building permits for February and housing starts for March are slated for today.
However, more importantly, they note that more important for policy is the Resale data for March (released mid March), to assess whether the typical spring market pickup materialises this year. They write, “Analysts will be watching closely to see how the housing market holds up heading into the busy Q2 period after further tightening of Canada’s mortgage regulations from mid-2012.”
However, more importantly, they note that more important for policy is the Resale data for March (released mid March), to assess whether the typical spring market pickup materialises this year. They write, “Analysts will be watching closely to see how the housing market holds up heading into the busy Q2 period after further tightening of Canada’s mortgage regulations from mid-2012.”