1,032,000 annualized for Housing Starts expected 939,000
978,000 annualized for Building Permits expected 915,000

Looking at the history below, the levels are still at very low levels but you have to start somewhere.  Of more importance will be Existing Home sales and New Home Sales which will be due out next Friday and the following week.  A rebound in sales and a contraction of supply is needed.  Building new houses when the supply is still high is not always a good idea.

Canada New Motor Vehicle Sales -0.5%.  Expected 0.0%.