New Housing Construction Activity — Canada

Seasonally Adjusted Total Housing Starts (All Areas)

Sep-22 Oct-22 Nov-22 Dec-22
SAAR (All Areas) 297,798 264,032 263,022 248,625
Trend (All Areas) 275,888 276,538 273,801 269,930

Housing Starts by Dwelling Type (Centres 10K+)

Dec-22 Dec-21 YTD-22 YTD-21
Single 3,473 4,612 57,515 63,456
Semi-detached 605 844 10,250 11,551
Row 1,769 1,910 28,504 27,334
Apartment 12,499 10,431 144,043 141,684
Total 18,346 17,797 240,312 244,025

Housing Starts by Dwelling Type (All Areas)

Q4-22 Q4-21 YTD-22 YTD-21
Single 17,309 19,891 72,647 82,116
Semi-detached 2,468 3,173 11,429 13,276
Row 7,269 7,718 29,735 28,594
Apartment 40,584 38,176 148,038 147,212
Total 67,630 68,958 261,849 271,198

Housing Completions by Dwelling Type (Centres 10K+)

Dec-22 Dec-21 YTD-22 YTD-21
Single 4,877 5,067 53,767 55,419
Semi-detached 883 831 9,942 10,703
Row 1,928 2,053 21,895 23,277
Apartment 11,960 11,984 111,363 112,736
Total 19,648 19,935 196,967 202,135

Housing Completions by Dwelling Type (All Areas)

Q4-22 Q4-21 YTD-22 YTD-21
Single 18,426 19,475 69,744 68,831
Semi-detached 2,778 3,179 11,360 12,168
Row 5,912 6,463 23,112 24,042
Apartment 29,574 27,090 115,726 117,629
Total 56,690 56,207 219,942 222,670

Notes

Source: CMHC Starts and Completions Survey / Market Absorption Survey

Notes:

Seasonally adjusted annual rates (SAAR) are monthly figures adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR).

Year-to-Date (YTD) numbers are calculated using the sum of the individual months. There may be slight differences due to rounding when these are compared to quarterly or annual data in other CMHC tables or publications.

For more detailed definitions, please see refer to: https://www.cmhc-schl.gc.ca/en/professionals/housing-markets-data-and-research/housing-research/surveys/methods/methodologies-starts-completions-market-absorption-survey

The information contained in this document is a printable version of information originally contained on CMHC website application https://www03.cmhc-schl.gc.ca/hmip-pimh/portal. CMHC makes considerable effort to ensure that the information and analysis on this application is reliable, but cannot guarantee that it is accurate or complete. The content of the application is general in nature and is not intended as a substitute for professional advice when making significant financial decisions. You understand and agree that by using this document and the information it contains, you will be bound by the terms of use of the CMHC website (http://cmhc.ca/en/imno/imno_003.cfm), and in particular, you agree that you may not hold CMHC liable for any consequences that arise if you choose to rely on this information and analysis to make a financial decision.

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