|SAAR (All Areas)||281,399||272,794||275,158||267,443|
|Trend (All Areas)||252,255||257,932||264,467||267,309|
Source: CMHC Starts and Completions Survey / Market Absorption Survey
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