DJI46,946.41+0.83%
GDAXI23,564.01+0.50%
GSPC6,699.38+1.01%
HSI25,834.02+1.45%
IXIC22,374.18+1.22%
N22553,751.15-0.13%
AAPL252.82+1.08%
AMZN211.74+1.96%
CL94.27-4.50%
EURUSD1.1509+0.75%
GBPUSD1.3322+0.75%
GC5,014.90-0.92%
GOOG304.42+0.98%
JPM286.16+0.96%
META627.45+2.33%
MSFT399.95+1.11%
NVDA183.22+1.65%
TSLA395.56+1.11%
DJI46,946.41+0.83%
GDAXI23,564.01+0.50%
GSPC6,699.38+1.01%
HSI25,834.02+1.45%
IXIC22,374.18+1.22%
N22553,751.15-0.13%
AAPL252.82+1.08%
AMZN211.74+1.96%
CL94.27-4.50%
EURUSD1.1509+0.75%
GBPUSD1.3322+0.75%
GC5,014.90-0.92%
GOOG304.42+0.98%
JPM286.16+0.96%
META627.45+2.33%
MSFT399.95+1.11%
NVDA183.22+1.65%
TSLA395.56+1.11%
DJI46,946.41+0.83%
GDAXI23,564.01+0.50%
GSPC6,699.38+1.01%
HSI25,834.02+1.45%
IXIC22,374.18+1.22%
N22553,751.15-0.13%
AAPL252.82+1.08%
AMZN211.74+1.96%
CL94.27-4.50%
EURUSD1.1509+0.75%
GBPUSD1.3322+0.75%
GC5,014.90-0.92%
GOOG304.42+0.98%
JPM286.16+0.96%
META627.45+2.33%
MSFT399.95+1.11%
NVDA183.22+1.65%
TSLA395.56+1.11%
LIVE
CAN BNN Bloomberg EN

CMHC reports February housing starts up 4.5% from January

Canada Mortgage and Housing Corp. says the annual pace of housing starts rose 4.5 per cent in February.

Mar 16, 2026 &03381616202631; 18:38 UTC www.bnnbloomberg.ca Trending 3/5
Read original on www.bnnbloomberg.ca ↗
Positive for markets
Sentiment score: +65/100
Moderate impact Short-term (days)
WHAT THIS MEANS
Canada's housing starts increased 4.5% month-over-month in February, signaling continued momentum in residential construction activity. This positive data suggests resilience in Canada's housing market despite elevated interest rates and affordability challenges.
AI CONFIDENCE
75% High
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
CAD
CADCurrency
Expected to rise
Stronger housing data supports Canadian economic growth expectations and may support CAD appreciation
RY
RYStock
Expected to rise
Canadian banks benefit from increased mortgage origination and construction lending activity
BMO
BMOStock
Expected to rise
Financial institutions gain from higher housing market activity and related credit demand
S&P 500
^GSPCIndex
High volatility expected
Mixed impact: positive for Canadian exposure but may influence Fed rate expectations
PRICE HISTORY
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SUGGESTED ACTION
Consider long positions in Canadian bank stocks (RY, BMO, TD) and construction-related equities. Monitor USDCAD for potential weakness as positive Canadian data may support the loonie in the near term.
KEY SIGNALS
Housing starts growth indicates construction sector strengthResilience in residential market despite rate headwindsPotential boost to Canadian financial institutions and materials suppliersEconomic activity acceleration signal for Canada
SECTORS INVOLVED
Real EstateFinancial ServicesConstructionMaterials
Analysis generated on Mar 16, 2026 at 14:48 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.