New Housing Construction Activity — Canada

Seasonally Adjusted Total Housing Starts (All Areas)

Dec-20 Jan-21 Feb-21 Mar-21
SAAR (All Areas) 229,685 312,229 275,567 335,200
Trend (All Areas) 239,106 250,288 252,636 273,664

Housing Starts by Dwelling Type (Centres 10K+)

Mar-21 Mar-20 YTD-21 YTD-20
Single 4,708 3,374 12,585 8,739
Semi-detached 989 803 2,441 1,950
Row 2,505 1,794 5,588 4,656
Apartment 13,487 6,859 33,865 22,826
Total 21,689 12,830 54,479 38,171

Housing Starts by Dwelling Type (All Areas)

Q1-21 Q1-20 YTD-21 YTD-20
Single 2,682 9,979 2,682 9,979
Semi-detached 414 1,987 414 1,987
Row 71 4,912 71 4,912
Apartment 824 23,045 824 23,045
Total 3,991 39,923 3,991 39,923

Housing Completions by Dwelling Type (Centres 10K+)

Mar-21 Mar-20 YTD-21 YTD-20
Single 4,091 3,425 12,082 10,644
Semi-detached 803 686 2,327 2,223
Row 1,680 2,014 5,200 5,782
Apartment 10,234 6,593 22,403 21,929
Total 16,808 12,718 42,012 40,578

Housing Completions by Dwelling Type (All Areas)

Q1-21 Q1-20 YTD-21 YTD-20
Single 2,306 13,039 2,306 13,039
Semi-detached 315 2,405 315 2,405
Row 174 5,925 174 5,925
Apartment 729 22,325 729 22,325
Total 3,524 43,694 3,524 43,694

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://www03.cmhc-schl.gc.ca/hmiportal/en/TableMapChart/ScsMasMethodology

The information contained in this document is a printable version of information originally contained on CMHC website application https://www03.cmhc-schl.gc.ca/hmiportal. 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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