CAD Housing Starts
It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;
While this is monthly data, it's reported in an annualized format (monthly figure x12);
- CAD Housing Starts Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 17, 2024 | 265K | 247K | 241K |
May 15, 2024 | 240K | 239K | 242K |
Apr 16, 2024 | 242K | 244K | 260K |
Mar 15, 2024 | 253K | 227K | 223K |
Feb 15, 2024 | 224K | 236K | 249K |
Jan 16, 2024 | 249K | 245K | 211K |
Dec 15, 2023 | 213K | 262K | 272K |
Nov 16, 2023 | 275K | 255K | 271K |
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- CAD Housing Starts News
The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada increased 10% in May (264,506 units) compared to April (241,111), according to Canada Mortgage and Housing Corporation (CMHC). The six-month trend in housing starts increased 3.8% from 238,859 units in April to 247,830 units in May. The trend measure is a six-month moving average of the SAAR of total housing starts for all areas in Canada. The actual number of housing starts across Canada in urban centres of 10,000 population and over ...
The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada decreased 1% in April (240,229 units) compared to March (242,267), according to Canada Mortgage and Housing Corporation (CMHC). The six-month trend in housing starts decreased 2.2% from 243,907 units in March to 238,585 units in April. The trend measure is a six-month moving average of the SAAR of total housing starts for all areas in Canada. The actual number of housing starts across Canada in urban centres of 10,000 population and ...
The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada decreased 7% in March (242,195 units) compared to February (260,047), according to Canada Mortgage and Housing Corporation (CMHC). The six-month trend in housing starts decreased 1.6% from 247,971 units in February to 243,957 units in March. The trend measure is a six-month moving average of the SAAR of total housing starts for all areas in Canada. The actual number of housing starts across Canada in urban centres of 10,000 population ...
The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada increased 14% in February (253,468 units) compared to January (223,176), according to Canada Mortgage and Housing Corporation (CMHC). The six-month trend in housing starts increased from 244,638 units in January to 245,665 units in February for a slight 0.4% gain. The trend measure is a six-month moving average of the SAAR of total housing starts for all areas in Canada. The actual number of housing starts across Canada in urban centres ...
Total SAAR housing starts for all areas in Canada decreased 10% in January 2024 (223,589 units) compared to December 2023 (248,968), according to Canada Mortgage and Housing Corporation (CMHC). The six-month trend in housing starts decreased from 249,757 units in December 2023 to 244,827 units in January 2024, a 2% drop. The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. Despite these declines, the actual number of housing starts ...
Nationally, actual 2023 housing starts were down 7% in centres of 10,000 population and over, with 223,513 units recorded, compared to 240,590 in 2022, according to Canada Mortgage and Housing Corporation (CMHC). This decline is primarily explained by a 25% decline in single-detached starts in 2023. Despite the national decline, actual 2023 housing starts were 5% and 28% higher than in 2022 in Toronto and Vancouver, respectively, driven by higher multi-unit starts. Montreal starts were 37% lower due to large declines in both ...
The six-month trend in housing starts was higher in November at 257,777 units, up 0.7% from 255,876 units in October, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. The monthly SAAR of total housing starts for all areas in Canada decreased 22% in November (212,624 units) compared to October (272,264 units). The monthly SAAR of total urban (centres 10,000 population and ...
The trend in housing starts was higher in October at 256,280 units, up 1% from 253,957 units in September, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. The monthly SAAR of total housing starts for all areas in Canada also increased 1% in October (274,681 units) compared to September (270,669 units). The monthly SAAR of total urban (centres 10,000 population and over) ...
Released on Jun 17, 2024 |
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Released on May 15, 2024 |
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Released on Apr 16, 2024 |
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Released on Mar 15, 2024 |
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Released on Feb 15, 2024 |
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Released on Jan 16, 2024 |
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Released on Dec 15, 2023 |
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Released on Nov 16, 2023 |
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