Canada August 2025 Building Permits MoM: Positive Signal for CAD

Statistics Canada released the August building permits month-over-month data on September 12, 2025. The reported figure was -0.1%, with no forecast provided; the previous reading was also -0.1%.Building permits represent the number of authorized housing starts and serve as a leading indicator for future residential construction activity. This data is a key measure for assessing prospects in the real estate sector. If the actual figure exceeds market expectations, it is considered bullish for the Canadian dollar. As a forward-looking indicator, fluctuations in building permits have a direct impact on future real estate market performance and, consequently, the broader economy.The importance of this data is rated at 2. Statistics are calculated based on the annualized number of new residential units from the previous month and are released monthly. The next publication is scheduled for November 12, 2025.

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