In December, Canadian housing starts fell by 22% m/m from November’s extremely elevated level, coming in at 236.1k units. This marked the lowest pace of starts activity since December 2020. However, the six-month moving average remained exceptionally strong at 260.6k units. In urban markets, declines were registered in both single-detached and multi-family units. Starts of […]
The post Canadian Housing Starts Ease But Remain Elevated in December appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Storing small items can be a Read more…
New Zealand’s manufacturing sector continued to expand in February, with BusinessNZ Performance of Manufacturing Index edging slightly lower from 55.1 to 55.0. While the headline reading dipped marginally, the index remains comfortably above the 50 Read more…
Key insights from the week that was. The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week Read more…