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Canadian Housing Starts Trend Essentially Unchanged in November

Ottawa, December 9, 2019

The trend in housing starts was 219,047 units in November 2019, compared to 218,253 units in October 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“The national trend in housing starts was essentially unchanged in November, reflecting slight increases in the national trends of both multi-family and single-detached starts" said Bob Dugan, CMHC's chief economist. “Vancouver saw a significant decline in the trend of multi-unit starts for a second consecutive month in November, following a period of elevated construction activity earlier in the year. However, this decline was offset by modest gains in the multi-unit trend in most other major markets, including Toronto.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of Canada’s housing market. In some situations, analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The standalone monthly SAAR of housing starts for all areas in Canada was 201,318 units in November, a slight increase of 0.3% from 200,674 units in October. The SAAR of urban starts increased by 0.4% in November to 188,559 units. Multiple urban starts increased by 2.3% to 141,753 units in November while single-detached urban starts decreased by 5.1% to 46,806 units.

Rural starts were estimated at a seasonally adjusted annual rate of 12,759 units.

Preliminary Housing Starts data are also available in English and French through our website and through CMHC’s Housing Market Information Portal. Our analysts are also available to provide further insight into their respective markets.

As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.

For more information, follow us on Twitter, YouTube, LinkedIn, Facebook and Instagram.

Information on this release:

Angelina Ritacco
Media Relations, CMHC
416-218-3320
aritacco@cmhc-schl.gc.ca

Table 1: Preliminary Housing Start Data in Centres 10,000 Population and Over
Single-Detached All Others Total
November 2018 November 2019 % November 2018 November 2019 % November 2018 November 2019 %
Provinces (10,000+)
N.-L. 54 63 17 19 14 -26 73 77 5
P.E.I. 34 16 -53 128 58 -55 162 74 -54
N.S. 136 88 -35 160 165 3 296 253 -15
N.B. 76 95 25 149 267 79 225 362 61
Atlantic 300 262 -13 456 504 11 756 766 1
Qc 584 571 -2 3,372 3,031 -10 3,956 3,602 -9
Ont. 1,816 1,634 -10 5,583 3,879 -31 7,399 5,513 -25
Man. 204 156 -24 531 250 -53 735 406 -45
Sask. 105 122 16 62 34 -45 167 156 -7
Alta. 828 926 12 1,300 1,249 -4 2,128 2,175 2
Prairies 1,137 1,204 6 1,893 1,533 -19 3,030 2,737 -10
B.C. 826 596 -28 2,379 3,390 42 3,205 3,986 24
Canada (10,000+) 4,663 4,267 -8 13,683 12,337 -10 18,346 16,604 -9
Metropolitan Areas
Abbotsford-Mission 26 33 27 27 104 285 53 137 158
Barrie 17 26 53 2 260 ## 19 286 ##
Belleville 35 44 26 20 12 -40 55 56 2
Brantford 23 33 43 109 30 -72 132 63 -52
Calgary 299 378 26 537 576 7 836 954 14
Edmonton 376 391 4 624 549 -12 1,000 940 -6
Greater Sudbury 11 16 45 2 0 -100 13 16 23
Guelph 19 16 -16 76 36 -53 95 52 -45
Halifax 75 49 -35 95 128 35 170 177 4
Hamilton 38 87 129 152 293 93 190 380 100
Kelowna 66 61 -8 305 246 -19 371 307 -17
Kingston 40 34 -15 28 6 -79 68 40 -41
Kitchener-Cambridge-Waterloo 68 66 -3 228 351 54 296 417 41
Lethbridge 19 30 58 9 12 33 28 42 50
London 123 109 -11 114 111 -3 237 220 -7
Moncton 25 27 8 110 201 83 135 228 69
Montréal 247 250 1 2,199 1,547 -30 2,446 1,797 -27
Oshawa 85 46 -46 280 102 -64 365 148 -59
Ottawa-Gatineau 262 292 11 584 948 62 846 1,240 47
Gatineau 36 22 -39 231 291 26 267 313 17
Ottawa 226 270 19 353 657 86 579 927 60
Peterborough 25 11 -56 0 2 ## 25 13 -48
Québec 94 61 -35 476 595 25 570 656 15
Regina 16 41 156 26 16 -38 42 57 36
Saguenay 16 12 -25 14 47 236 30 59 97
St. Catharines-Niagara 49 117 139 66 154 133 115 271 136
Saint John 24 19 -21 6 2 -67 30 21 -30
St. John's 46 55 20 15 12 -20 61 67 10
Saskatoon 81 76 -6 32 12 -63 113 88 -22
Sherbrooke 19 42 121 138 131 -5 157 173 10
Thunder Bay 9 5 -44 15 0 -100 24 5 -79
Toronto 548 371 -32 3,568 1,666 -53 4,116 2,037 -51
Trois-Rivières 16 16 - 50 45 -10 66 61 -8
Vancouver 418 242 -42 1,436 2,073 44 1,854 2,315 25
Victoria 55 60 9 187 286 53 242 346 43
Windsor 51 44 -14 82 49 -40 133 93 -30
Winnipeg 179 118 -34 426 197 -54 605 315 -48
Total 3,500 3,278 -6 12,038 10,799 -10 15,538 14,077 -9

Data based on 2016 Census Definitions.
Source: Market Analysis Centre, CMHC
## not calculable / extreme value

Table 2: Preliminary Housing Start Data - Seasonally Adjusted at Annual Rates (SAAR)
Single-Detached All Others Total
October 2019 November 2019 % October 2019 November 2019 % October 2019 November 2019 %
Provinces (10,000+)
N.L. 511 574 12 159 147 -8 670 721 8
P.E.I. 300 147 -51 792 696 -12 1,092 843 -23
N.S. 1,794 850 -53 478 1,903 298 2,272 2,753 21
N.B. 803 782 -3 804 3,183 296 1,607 3,965 147
Qc 5,942 6,189 4 41,844 34,049 -19 47,786 40,238 -16
Ont. 19,297 17,959 -7 50,932 43,001 -16 70,229 60,960 -13
Man. 1,937 1,784 -8 4,308 3,000 -30 6,245 4,784 -23
Sask. 1,157 1,322 14 984 408 -59 2,141 1,730 -19
Alta. 10,027 10,645 6 12,835 14,833 16 22,862 25,478 11
B.C. 7,552 6,554 -13 25,441 40,533 59 32,993 47,087 43
Canada (10,000+) 49,320 46,806 -5 138,577 141,753 2 187,897 188,559 0
Canada (All Areas) 58,717 56,344 -4 141,961 144,975 2 200,674 201,318 0
Metropolitan Areas
Abbotsford-Mission 310 388 25 2,028 1,248 -38 2,338 1,636 -30
Barrie 224 262 17 420 3,120 ## 644 3,382 425
Belleville 428 533 25 24 144 ## 452 677 50
Brantford 484 612 26 132 360 173 616 972 58
Calgary 3,450 4,128 20 6,432 6,912 7 9,882 11,040 12
Edmonton 4,658 4,471 -4 5,328 6,588 24 9,986 11,059 11
Greater Sudbury 112 155 38 72 0 -100 184 155 -16
Guelph 226 220 -3 468 432 -8 694 652 -6
Halifax 1,065 725 -32 264 1,536 482 1,329 2,261 70
Hamilton 987 1,064 8 7,644 3,516 -54 8,631 4,580 -47
Kelowna 542 552 2 3,324 2,952 -11 3,866 3,504 -9
Kingston 486 323 -34 252 72 -71 738 395 -46
Kitchener-Cambridge-Waterloo 852 853 0 4,896 4,212 -14 5,748 5,065 -12
Lethbridge 436 426 -2 144 144 - 580 570 -2
London 1,510 1,200 -21 1,536 1,332 -13 3,046 2,532 -17
Moncton 172 223 30 312 2,412 ## 484 2,635 444
Montréal 2,448 2,595 6 29,020 18,285 -37 31,468 20,880 -34
Oshawa 398 511 28 444 1,224 176 842 1,735 106
Ottawa-Gatineau 3,132 3,386 8 10,428 11,376 9 13,560 14,762 9
Gatineau 345 264 -23 5,952 3,492 -41 6,297 3,756 -40
Ottawa 2,787 3,122 12 4,476 7,884 76 7,263 11,006 52
Peterborough 360 185 -49 144 24 -83 504 209 -59
Québec 640 679 6 5,304 7,140 35 5,944 7,819 32
Regina 332 464 40 300 192 -36 632 656 4
Saguenay 197 145 -26 1,116 564 -49 1,313 709 -46
St. Catharines-Niagara 1,664 1,419 -15 1,368 1,848 35 3,032 3,267 8
Saint John 239 161 -33 240 24 -90 479 185 -61
St. John's 429 479 12 156 144 -8 585 623 6
Saskatoon 730 750 3 612 144 -76 1,342 894 -33
Sherbrooke 79 514 ## 1,380 1,572 14 1,459 2,086 43
Thunder Bay 125 68 -46 672 0 -100 797 68 -91
Toronto 4,930 3,738 -24 27,180 19,992 -26 32,110 23,730 -26
Trois-Rivières 205 201 -2 1,188 540 -55 1,393 741 -47
Vancouver 3,383 2,812 -17 12,168 24,876 104 15,551 27,688 78
Victoria 732 792 8 3,156 3,432 9 3,888 4,224 9
Windsor 687 546 -21 252 588 133 939 1,134 21
Winnipeg 1,663 1,542 -7 3,408 2,364 -31 5,071 3,906 -23

Data based on 2016 Census Definitions.
Source: Market Analysis Centre, CMHC
## not calculable / extreme value

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Date Published: December 9, 2019

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