Canada: Focus on Existing Home Sales – TD Securities

According to analysts at TD Securities, Canada’s existing home sales for August will be published at 9AM with the market looking for an increase of 1.5% m/m.

Key Quotes

“If realized, this would represent the sixth consecutive pickup in monthly sales activity and bolster expectations for further gains in residential investment for Q3, complementing recent strength in housing starts. International securities transactions for July will round out the data calendar.”