Monthly Housing Starts and Other Construction Data Tables

Description

Our Monthly Housing Starts and Other Construction Data (previously Preliminary Housing Starts Data) publication is issued on the 11^th working day of the month.

You can also view monthly housing starts and construction data on our Housing Market Information Portal.

March Monthly Housing Starts key highlights

• The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021.
• Multi-family SAAR starts rebounded strongly following decline in February. Toronto and Vancouver registered particularly large gains in this segment.
• Single-detached SAAR starts also contributed to the increase in the overall trend in March. It was by a relatively modest amount in comparison to multi-family starts.

March Standalone Seasonally Adjusted Annual Rate (SAAR)

• The standalone monthly SAAR of housing starts for all areas in Canada was 335,200 units in March. This is an increase of 21.6% from 275,567 units in February.
• The SAAR of urban starts increased by 24.4% in March to 300,973 units. Multiple urban starts increased by 33.8% to 222,358 units in March while single-detached urban starts increased by 3.6% to 78,615 units.
• Rural starts were estimated at a seasonally adjusted annual rate of 34,227 units.

Author:

CMHC

Document Type:

Excel

Date Published:

April 19, 2021