New Housing Construction Activity — Canada

Seasonally Adjusted Total Housing Starts (All Areas)

Jan-23 Feb-23 Mar-23 Apr-23
SAAR (All Areas) 213,749 241,502 213,780 261,559
Trend (All Areas) 259,383 254,879 240,876 240,403

Housing Starts by Dwelling Type (Centres 10K+)

Apr-23 Apr-22 YTD-23 YTD-22
Single 3,517 5,529 11,430 16,111
Semi-detached 729 1,214 2,433 3,375
Row 1,866 2,896 6,753 7,777
Apartment 14,398 11,202 43,692 38,518
Total 20,510 20,841 64,308 65,781

Housing Starts by Dwelling Type (All Areas)

Q1-23 Q1-22 YTD-23 YTD-22
Single 10,024 12,937 10,024 12,937
Semi-detached 1,813 2,411 1,813 2,411
Row 5,089 5,018 5,089 5,018
Apartment 29,925 27,991 29,925 27,991
Total 46,851 48,357 46,851 48,357

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.

<a class="newWindow" href="/hmip-pimh/en/TableMapChart/ScsMasMethodology" target="_blank">CMHC Starts and Completion Survey</a>