07:42 AM EDT, 10/16/2025 (MT Newswires) -- The full suite of Canadian housing market data for September is out on Thursday, said Bank of Montreal (BMO).

Existing home sales were down 1.7% in the month (seasonally adjusted), but were up 5.2% from a year ago. The Canadian Real Estate Association's (CREA) MLS benchmark price was down 3.4% year over year, reflecting ample inventory and buyers still holding back.

Housing starts for September are also out at 8:15 a.m. ET on Thursday. BMO is looking for a modest increase to 255,000 annualized units in the month.

Bank of Canada Governor Tiff Macklem will participate in a fireside chat in Washington, D.C. at 1.30 p.m. ET. There will be no media availability or published remarks.

The Canadian dollar (CAD or loonie) is steady and starts Thursday at $1.404/USD (71.2 US cents), added the bank.