Canada: Housing starts and building permits in focus – TDS

Analysts at TDS suggest that Canada’s housing starts for October and September building permits will give an update on residential investment heading into Q4.

Key Quotes

“TD looks for a slight decline to an annualized 215k from 217k in September while the market expects a more significant slowdown to 211k units. September building permits are the only other release and the market consensus is for a 1.0% rebound after a 5.5% decline in August.”