Canada August housing starts 245.8K vs 277.5K expected

• Prior was 294.1K
• Starts down 16% m/m

This is a dip but it comes after several strong months. I don’t like what I’m seeing in the Canadian housing market but the Bank of Canada might save the day if it tilts a bit more dovish and gets rates to 2%.

This article was written by Adam Button at investinglive.com.