• Canada May housing starts 279.5K vs 245K expected

    Source: Buzz FX / 16 Jun 2025 05:32:39   America/Los_Angeles


    - Prior was 278.6K (revised to 280.2K)
    USD/CAD was trading at 1.3564 ahead of the release, close to the lowest levels since October. This is a good sign that house construction is continuing despite falling prices in much of the country.
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