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  • Canadian housing starts continued to trend lower in October
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Canadian housing starts continued to trend lower in October

Ottawa, November 16, 2021

The trend in housing starts was 264,264 units in October, down from 270,661 units in September, 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 six-month trend in housing starts declined from September to October, as the retreat in total starts from their earlier 2021 levels continued,” said Bob Dugan, CMHC's chief economist. “For SAAR housing starts in Canada’s urban areas, a slight increase in single-detached starts didn’t offset a larger decrease in multi-family starts in October and led to a decline in overall starts for the month. On a trend and monthly SAAR basis, however, the level of housing starts activity in Canada remains high in historical terms. Among Vancouver, Toronto and Montreal, Vancouver was the only market to register growth in total SAAR starts in October, due to a rebound from the prior month in the multi-family segment.”

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 the multi-unit segment largely drives the market and can vary significantly from one month to the next.

The standalone monthly SAAR of housing starts for all areas in Canada was 236,554 units in October, a decrease of 5.3% from 249,922 units in September. The SAAR of urban starts decreased by 3.7% in October to 214,797 units. Multiple urban starts decreased by 5.3% to 156,781 units in October, while single-detached urban starts increased by 1% to 58,016 units.

Rural starts were estimated at a seasonally adjusted annual rate of 21,757 units.

Monthly Housing Starts and Other Construction Data are accessible in English and French on our website and the CMHC Housing Market Information Portal. Housing starts data is available on the eleventh business day each month. We will release the November data on December 15 at 8:15 AM ET.

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:

Media Relations, CMHC
media@cmhc-schl.gc.ca

Table 1: Housing Start Data in Centres 10,000 Population and Over
Single-Detached All Others Total
Oct. 2020 Oct. 2021   % Oct. 2020 Oct. 2021   % Oct. 2020 Oct. 2021   %
Provinces (10,000+)
N.-L. 49 50 2 7 16 129 56 66 18
P.E.I. 35 31 -11 15 80 433 50 111 122
N.S. 131 351 168 66 426 ## 197 777 294
N.B. 76 92 21 92 165 79 168 257 53
Atlantic 291 524 80 180 687 282 471 1,211 157
Qc 830 771 -7 3,635 4,264 17 4,465 5,035 13
Ont. 2,406 1,969 -18 4,831 4,689 -3 7,237 6,658 -8
Man. 222 197 -11 597 156 -74 819 353 -57
Sask. 138 134 -3 61 92 51 199 226 14
Alta. 848 1,105 30 1,812 1,814 0 2,660 2,919 10
Prairies 1,208 1,436 19 2,470 2,062 -17 3,678 3,498 -5
B.C. 578 609 5 1,867 2,079 11 2,445 2,688 10
Canada (10,000+) 5,313 5,309 0 12,983 13,781 6 18,296 19,090 4
Metropolitan Areas
Abbotsford-Mission 31 23 -26 86 44 -49 117 67 -43
Barrie 52 113 117 264 119 -55 316 232 -27
Belleville 44 33 -25 64 14 -78 108 47 -56
Brantford 119 14 -88 15 5 -67 134 19 -86
Calgary 316 490 55 666 765 15 982 1,255 28
Edmonton 396 463 17 1,074 1,000 -7 1,470 1,463 0
Greater Sudbury 15 28 87 32 6 -81 47 34 -28
Guelph 26 6 -77 99 8 -92 125 14 -89
Halifax 72 264 267 35 408 ## 107 672 ##
Hamilton 57 33 -42 457 51 -89 514 84 -84
Kelowna 31 49 58 64 29 -55 95 78 -18
Kingston 35 30 -14 36 22 -39 71 52 -27
Kitchener – Cambridge – Waterloo 78 56 -28 173 555 221 251 611 143
Lethbridge 30 23 -23 7 22 214 37 45 22
London 183 155 -15 104 82 -21 287 237 -17
Moncton 39 28 -28 46 133 189 85 161 89
Montréal 300 241 -20 1,795 2,170 21 2,095 2,411 15
Oshawa 100 94 -6 233 270 16 333 364 9
Ottawa – Gatineau 363 350 -4 567 1,179 108 930 1,529 64
Gatineau 98 65 -34 84 253 201 182 318 75
Ottawa 265 285 8 483 926 92 748 1,211 62
Peterborough 52 10 -81 25 0 -100 77 10 -87
Québec 110 76 -31 669 586 -12 779 662 -15
Regina 19 61 221 24 24 - 43 85 98
Saguenay 21 22 5 37 20 -46 58 42 -28
St. Catharines – Niagara 114 64 -44 224 221 -1 338 285 -16
Saint John 18 26 44 0 8 ## 18 34 89
St. John's 41 45 10 7 15 114 48 60 25
Saskatoon 110 64 -42 32 55 72 142 119 -16
Sherbrooke 37 37 - 438 226 -48 475 263 -45
Thunder Bay 20 11 -45 4 0 -100 24 11 -54
Toronto 714 539 -25 2,287 2,105 -8 3,001 2,644 -12
Trois-Rivières 16 27 69 64 64 - 80 91 14
Vancouver 263 262 0 1,011 1,512 50 1,274 1,774 39
Victoria 49 70 43 241 267 11 290 337 16
Windsor 83 32 -61 103 45 -56 186 77 -59
Winnipeg 186 154 -17 390 137 -65 576 291 -49
Total 4,140 3,993 -4 11,373 12,167 7 15,513 16,160 4

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

Table 2: Housing Start Data — Seasonally Adjusted at Annual Rates (SAAR)
Single-Detached All Others Total
Sept. 2021 Oct. 2021 % Sept. 2021 Oct. 2021 % Sept. 2021 Oct. 2021 %
Provinces (10,000+)
N.L. 473 465 -2 152 191 26 625 656 5
P.E.I. 270 279 3 84 960 ## 354 1,239 250
N.S. 2,374 4,073 72 1,509 5,155 242 3,883 9,228 138
N.B. 992 953 -4 1,121 1,965 75 2,113 2,918 38
Qc 6,940 7,536 9 46,495 44,078 -5 53,435 51,614 -3
Ont. 22,502 21,025 -7 68,520 54,795 -20 91,022 75,820 -17
Man. 2,360 2,411 2 6,264 1,872 -70 8,624 4,283 -50
Sask. 1,084 1,251 15 5,352 1,104 -79 6,436 2,355 -63
Alta. 12,575 12,565 0 12,383 21,634 75 24,958 34,199 37
B.C. 7,900 7,458 -6 23,627 25,027 6 31,527 32,485 3
Canada (10,000+) 57,470 58,016 1 165,507 156,781 -5 222,977 214,797 -4
Canada (All Areas) 76,225 73,374 -4 173,700 163,180 -6 249,922 236,554 -5
Metropolitan Areas
Abbotsford-Mission 343 293 -15 1,128 528 -53 1,471 821 -44
Barrie 1,058 1,211 14 1,308 1,428 9 2,366 2,639 12
Belleville 289 353 22 84 168 100 373 521 40
Brantford 112 133 19 0 60 ## 112 193 72
Calgary 5,166 5,991 16 6,504 9,180 41 11,670 15,171 30
Edmonton 5,509 5,422 -2 5,196 12,000 131 10,705 17,422 63
Greater Sudbury 167 216 29 1,860 72 -96 2,027 288 -86
Guelph 197 115 -42 0 96 ## 197 211 7
Halifax 1,582 2,803 77 1,212 4,896 304 2,794 7,699 176
Hamilton 432 395 -9 516 612 19 948 1,007 6
Kelowna 925 781 -16 1,536 348 -77 2,461 1,129 -54
Kingston 252 414 64 72 264 267 324 678 109
Kitchener – Cambridge – Waterloo 678 579 -15 2,016 6,660 230 2,694 7,239 169
Lethbridge 183 242 32 108 264 144 291 506 74
London 2,114 1,908 -10 2,856 984 -66 4,970 2,892 -42
Moncton 312 297 -5 324 1,596 393 636 1,893 198
Montréal 2,518 2,542 1 31,582 25,638 -19 34,100 28,180 -17
Oshawa 1,163 1,053 -9 1,992 3,240 63 3,155 4,293 36
Ottawa – Gatineau 3,741 3,512 -6 11,976 14,148 18 15,717 17,660 12
Gatineau 563 650 15 6,288 3,036 -52 6,851 3,686 -46
Ottawa 3,178 2,862 -10 5,688 11,112 95 8,866 13,974 58
Peterborough 290 113 -61 0 0 - 290 113 -61
Québec 774 888 15 8,340 7,032 -16 9,114 7,920 -13
Regina 378 588 56 612 288 -53 990 876 -12
Saguenay 54 244 352 192 240 25 246 484 97
St. Catharines – Niagara 2,007 580 -71 1,944 2,652 36 3,951 3,232 -18
Saint John 285 308 8 576 96 -83 861 404 -53
St. John's 421 421 - 120 180 50 541 601 11
Saskatoon 675 640 -5 4,704 660 -86 5,379 1,300 -76
Sherbrooke 337 393 17 2,724 2,712 0 3,061 3,105 1
Thunder Bay 91 59 -35 0 0 - 91 59 -35
Toronto 5,919 6,331 7 49,416 25,260 -49 55,335 31,591 -43
Trois-Rivières 259 326 26 1,440 768 -47 1,699 1,094 -36
Vancouver 3,095 3,083 0 11,100 18,144 63 14,195 21,227 50
Victoria 705 769 9 4,272 3,204 -25 4,977 3,973 -20
Windsor 351 351 - 384 540 41 735 891 21
Winnipeg 1,973 2,064 5 5,988 1,644 -73 7,961 3,708 -53

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

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Date Published: November 16, 2021

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