National Bank Previews This Week's Housing Starts, Existing Home Sales in Canada

07:40 AM EDT, 10/13/2026 (MT Newswires) -- The focus this week in Canada's macroeconomic data will be on September's housing starts and existing home sales, providing an update on the residential sector, wrote National Bank of Canada Capital Markets in a note. The Canadian Real Estate Association (CREA) and the Canada Mortgage and Housing Corp (CMHC) will release September's data on Friday. Based on available building permits data, CMHC's housing starts are estimated to have increased to an annualized rate of 235,000, largely supported by growth in the multi-family segment, wrote National Bank in a note Friday. Meanwhile, CREA's existing home sales are projected to have fallen 2.8% monthly nationwide, as increased activity in Calgary was likely outweighed by weaker sales in Toronto and Vancouver, added the bank.