Canada's new housing starts in June

Canada Mortgage and Housing Corporation announced the Canada's new housing starts in June on 2025-07-15. with the prior figure recorded as 27.95Ten thousand households.

Regarding the Canada's new housing starts in June, Actual value > Expected value = Positive for the Canadian dollar, New housing starts and building permits are two important indicators in the construction sector, primarily assessing the categories of residential or non-industrial buildings. An increase in residential construction starts will lead to an increase in employment in the construction industry, as newly purchased homes typically prompt families to buy other durable goods. This, through the multiplier effect, increases output and employment in other industries. Changes in residential construction will directly indicate economic recession or recovery.

This data holds an importance level of , calculated using The annualized data of newly started residential foundations that began construction last month, and updates Announced on the sixth working day of each month.

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