OTTAWA, ON, Oct. 18, 2022 /CNW/ – The standalone monthly SAAR of total housing starts for all areas in Canada was at the highest since November 2021 (305,889 units) last month, with 299,589 units, up 11% from August. The SAAR of total urban starts increased 12% to 276,142 units in September. Multi-unit urban starts increased 16% to 216,549 units, while single-detached urban starts were flat at 59,593 units.
Rural starts were estimated at a seasonally adjusted annual rate of 23,447 units.
“Both the six-month trend and monthly SAAR in housing starts were higher in September compared to August. September’s increase in monthly SAAR housing starts in Canada’s urban areas was driven by higher multi-unit starts. Montreal, Toronto and Vancouver recorded large increases in SAAR multi-unit starts, resulting in the overall increase for Canada. While single-detached units were up 85% in Vancouver, single-detached starts were flat in Toronto and Montreal. Housing starts activity remains elevated in Canada in 2022,” said Bob Dugan, CMHC’s Chief Economist.
The trend in housing starts was 276,682 units in September, up 3% from 267,813 units in August, 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.
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 clearer picture of upcoming new housing supply. 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.Key Facts:
- 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 October data on November 16 at 8:15 AM ET.
- Definitions and methodology to better understand the foundations of the Starts and Completions and Market Absorption surveys.
As a trusted source of housing information, CMHC provides unbiased housing-related data, research, and market information to help close knowledge gaps, and deepen understanding of complex housing issues to inform future policy decisions. Housing starts facilitate the analysis of monthly, quarterly and year-over-year activity in the new home market. The data we collect as part of our Starts and Completions and Market Absorption surveys helps us obtain a clearer picture of upcoming new housing supply and is used as part of our various housing reports.
For more information, follow us on Twitter, YouTube, LinkedIn, Facebook and Instagram.Related Links:
***The second edition of our Housing Supply Report will be released shortly. The report will be available here at 8:30 AM ET.
- The road ahead for the economy and housing — fall 2022 update
- Canada’s housing supply shortage: skilled labour capacity
- Understanding Canada’s housing supply shortages
- Household projections for Canada’s major urban centres
Information on this release:
We encourage journalists to contact CMHC Media Relations and arrange to speak to our market analysts regarding the housing starts in their respective Canadian Census Metropolitan Areas (CMAs).
| Housing Start Data in Centres 10,000 Population and Over | |||||||||
| Single-Detached | All Others | Total | |||||||
| September 2021 | September 2022 | % | September 2021 | September 2022 | % | September 2021 | September 2022 | % | |
| Provinces (10,000+) | |||||||||
| N.-L. | 55 | 46 | -16 | 14 | 8 | -43 | 69 | 54 | -22 |
| P.E.I. | 28 | 1 | -96 | 7 | 0 | -100 | 35 | 1 | -97 |
| N.S. | 272 | 281 | 3 | 136 | 104 | -24 | 408 | 385 | -6 |
| N.B. | 106 | 133 | 25 | 100 | 310 | 210 | 206 | 443 | 115 |
| Atlantic | 461 | 461 | – | 257 | 422 | 64 | 718 | 883 | 23 |
| Qc | 765 | 537 | -30 | 4,595 | 3,156 | -31 | 5,360 | 3,693 | -31 |
| Ont. | 2,090 | 2,068 | -1 | 5,926 | 9,168 | 55 | 8,016 | 11,236 | 40 |
| Man. | 197 | 227 | 15 | 522 | 138 | -74 | 719 | 365 | -49 |
| Sask. | 99 | 104 | 5 | 446 | 119 | -73 | 545 | 223 | -59 |
| Alta. | 1,125 | 1,461 | 30 | 1,027 | 1,962 | 91 | 2,152 | 3,423 | 59 |
| Prairies | 1,421 | 1,792 | 26 | 1,995 | 2,219 | 11 | 3,416 | 4,011 | 17 |
| B.C. | 715 | 747 | 4 | 1,977 | 3,527 | 78 | 2,692 | 4,274 | 59 |
| Canada (10,000+) | 5,452 | 5,605 | 3 | 14,750 | 18,492 | 25 | 20,202 | 24,097 | 19 |
| Metropolitan Areas | |||||||||
| Abbotsford-Mission | 36 | 43 | 19 | 94 | 125 | 33 | 130 | 168 | 29 |
| Barrie | 100 | 152 | 52 | 109 | 395 | 262 | 209 | 547 | 162 |
| Belleville | 29 | 27 | -7 | 7 | 17 | 143 | 36 | 44 | 22 |
| Brantford | 10 | 51 | 410 | 0 | 46 | ## | 10 | 97 | ## |
| Calgary | 484 | 590 | 22 | 542 | 1,089 | 101 | 1,026 | 1,679 | 64 |
| Edmonton | 470 | 678 | 44 | 433 | 782 | 81 | 903 | 1,460 | 62 |
| Greater Sudbury | 25 | 10 | -60 | 155 | 18 | -88 | 180 | 28 | -84 |
| Guelph | 16 | 6 | -63 | 0 | 123 | ## | 16 | 129 | ## |
| Halifax | 172 | 80 | -53 | 101 | 22 | -78 | 273 | 102 | -63 |
| Hamilton | 37 | 100 | 170 | 43 | 89 | 107 | 80 | 189 | 136 |
| Kelowna | 70 | 44 | -37 | 128 | 208 | 63 | 198 | 252 | 27 |
| Kingston | 25 | 61 | 144 | 6 | 22 | 267 | 31 | 83 | 168 |
| Kitchener-Cambridge-Waterloo | 62 | 86 | 39 | 168 | 213 | 27 | 230 | 299 | 30 |
| Lethbridge | 18 | 19 | 6 | 9 | 3 | -67 | 27 | 22 | -19 |
| London | 195 | 61 | -69 | 238 | 245 | 3 | 433 | 306 | -29 |
| Moncton | 39 | 35 | -10 | 27 | 214 | ## | 66 | 249 | 277 |
| Montréal | 261 | 152 | -42 | 2,652 | 1,962 | -26 | 2,913 | 2,114 | -27 |
| Oshawa | 111 | 87 | -22 | 166 | 221 | 33 | 277 | 308 | 11 |
| Ottawa-Gatineau | 402 | 287 | -29 | 998 | 1,728 | 73 | 1,400 | 2,015 | 44 |
| Gatineau | 88 | 33 | -63 | 524 | 124 | -76 | 612 | 157 | -74 |
| Ottawa | 314 | 254 | -19 | 474 | 1,604 | 238 | 788 | 1,858 | 136 |
| Peterborough | 18 | 50 | 178 | 0 | 6 | ## | 18 | 56 | 211 |
| Québec | 72 | 55 | -24 | 695 | 414 | -40 | 767 | 469 | -39 |
| Regina | 29 | 21 | -28 | 51 | 59 | 16 | 80 | 80 | – |
| Saguenay | 4 | 18 | 350 | 16 | 24 | 50 | 20 | 42 | 110 |
| St. Catharines-Niagara | 143 | 95 | -34 | 162 | 697 | 330 | 305 | 792 | 160 |
| Saint John | 32 | 28 | -13 | 48 | 0 | -100 | 80 | 28 | -65 |
| St. John’s | 46 | 34 | -26 | 10 | 4 | -60 | 56 | 38 | -32 |
| Saskatoon | 59 | 77 | 31 | 392 | 45 | -89 | 451 | 122 | -73 |
| Sherbrooke | 42 | 30 | -29 | 227 | 125 | -45 | 269 | 155 | -42 |
| Thunder Bay | 17 | 17 | – | 0 | 8 | ## | 17 | 25 | 47 |
| Toronto | 494 | 499 | 1 | 4,118 | 4,931 | 20 | 4,612 | 5,430 | 18 |
| Trois-Rivières | 30 | 15 | -50 | 120 | 62 | -48 | 150 | 77 | -49 |
| Vancouver | 289 | 419 | 45 | 925 | 2,293 | 148 | 1,214 | 2,712 | 123 |
| Victoria | 60 | 53 | -12 | 356 | 217 | -39 | 416 | 270 | -35 |
| Windsor | 33 | 61 | 85 | 32 | 122 | 281 | 65 | 183 | 182 |
| Winnipeg | 163 | 188 | 15 | 499 | 95 | -81 | 662 | 283 | -57 |
| Total | 4,093 | 4,229 | 3 | 13,527 | 16,624 | 23 | 17,620 | 20,853 | 18 |
| Data for 2021 and 2022 based on 2016 Census Definitions. | |||||||||
| Source: CMHC Starts and Completion Survey, Market Absorption Survey | |||||||||
| ## not calculable / extreme value | |||||||||
| Housing Start Data – Seasonally Adjusted at Annual Rates (SAAR) | |||||||||
| Single-Detached | All Others | Total | |||||||
| August 2022 | September 2022 | % | August 2022 | September 2022 | % | August 2022 | September 2022 | % | |
| Provinces (10,000+) | |||||||||
| N.L. | 712 | 438 | -38 | 233 | 79 | -66 | 945 | 517 | -45 |
| P.E.I. | 174 | 10 | -94 | 588 | 0 | -100 | 762 | 10 | -99 |
| N.S. | 1,826 | 2,085 | 14 | 3,530 | 1,136 | -68 | 5,356 | 3,221 | -40 |
| N.B. | 1,272 | 1,153 | -9 | 4,731 | 3,706 | -22 | 6,003 | 4,859 | -19 |
| Qc | 7,178 | 5,080 | -29 | 40,663 | 34,736 | -15 | 47,841 | 39,816 | -17 |
| Ont. | 23,069 | 23,049 | 0 | 72,993 | 108,075 | 48 | 96,062 | 131,124 | 36 |
| Man. | 2,707 | 2,675 | -1 | 3,540 | 1,656 | -53 | 6,247 | 4,331 | -31 |
| Sask. | 1,330 | 1,224 | -8 | 3,840 | 1,428 | -63 | 5,170 | 2,652 | -49 |
| Alta. | 14,751 | 15,830 | 7 | 18,140 | 23,602 | 30 | 32,891 | 39,432 | 20 |
| B.C. | 6,805 | 8,049 | 18 | 38,261 | 42,131 | 10 | 45,066 | 50,180 | 11 |
| Canada (10,000+) | 59,824 | 59,593 | 0 | 186,519 | 216,549 | 16 | 246,343 | 276,142 | 12 |
| Canada (All Areas) | 77,525 | 76,539 | -1 | 192,870 | 223,051 | 16 | 270,397 | 299,589 | 11 |
| Metropolitan Areas | |||||||||
| Abbotsford-Mission | 442 | 420 | -5 | 216 | 1,500 | ## | 658 | 1,920 | 192 |
| Barrie | 1,252 | 1,393 | 11 | 816 | 4,740 | 481 | 2,068 | 6,133 | 197 |
| Belleville | 267 | 271 | 1 | 180 | 204 | 13 | 447 | 475 | 6 |
| Brantford | 654 | 635 | -3 | 1,272 | 552 | -57 | 1,926 | 1,187 | -38 |
| Calgary | 5,814 | 6,399 | 10 | 8,064 | 13,068 | 62 | 13,878 | 19,467 | 40 |
| Edmonton | 6,716 | 7,460 | 11 | 6,396 | 9,384 | 47 | 13,112 | 16,844 | 28 |
| Greater Sudbury | 156 | 88 | -44 | 432 | 216 | -50 | 588 | 304 | -48 |
| Guelph | 146 | 85 | -42 | 468 | 1,476 | 215 | 614 | 1,561 | 154 |
| Halifax | 560 | 689 | 23 | 2,628 | 264 | -90 | 3,188 | 953 | -70 |
| Hamilton | 879 | 1,243 | 41 | 984 | 1,068 | 9 | 1,863 | 2,311 | 24 |
| Kelowna | 936 | 597 | -36 | 6,672 | 2,496 | -63 | 7,608 | 3,093 | -59 |
| Kingston | 179 | 549 | 207 | 1,248 | 264 | -79 | 1,427 | 813 | -43 |
| Kitchener-Cambridge-Waterloo | 680 | 985 | 45 | 4,188 | 2,556 | -39 | 4,868 | 3,541 | -27 |
| Lethbridge | 248 | 225 | -9 | 2,400 | 36 | -99 | 2,648 | 261 | -90 |
| London | 1,309 | 689 | -47 | 516 | 2,940 | 470 | 1,825 | 3,629 | 99 |
| Moncton | 453 | 277 | -39 | 3,396 | 2,568 | -24 | 3,849 | 2,845 | -26 |
| Montréal | 1,786 | 1,506 | -16 | 15,392 | 23,456 | 52 | 17,178 | 24,962 | 45 |
| Oshawa | 1,381 | 957 | -31 | 2,796 | 2,652 | -5 | 4,177 | 3,609 | -14 |
| Ottawa-Gatineau | 3,189 | 2,820 | -12 | 12,672 | 20,736 | 64 | 15,861 | 23,556 | 49 |
| Gatineau | 903 | 222 | -75 | 96 | 1,488 | ## | 999 | 1,710 | 71 |
| Ottawa | 2,286 | 2,598 | 14 | 12,576 | 19,248 | 53 | 14,862 | 21,846 | 47 |
| Peterborough | 380 | 720 | 89 | 48 | 72 | 50 | 428 | 792 | 85 |
| Québec | 905 | 657 | -27 | 8,844 | 4,968 | -44 | 9,749 | 5,625 | -42 |
| Regina | 240 | 292 | 22 | 492 | 708 | 44 | 732 | 1,000 | 37 |
| Saguenay | 304 | 262 | -14 | 480 | 288 | -40 | 784 | 550 | -30 |
| St. Catharines-Niagara | 1,132 | 1,335 | 18 | 1,380 | 8,364 | ## | 2,512 | 9,699 | 286 |
| Saint John | 255 | 243 | -5 | 0 | 0 | – | 255 | 243 | -5 |
| St. John’s | 568 | 353 | -38 | 168 | 48 | -71 | 736 | 401 | -46 |
| Saskatoon | 1,036 | 965 | -7 | 3,228 | 540 | -83 | 4,264 | 1,505 | -65 |
| Sherbrooke | 563 | 331 | -41 | 1,032 | 1,500 | 45 | 1,595 | 1,831 | 15 |
| Thunder Bay | 129 | 113 | -12 | 0 | 96 | ## | 129 | 209 | 62 |
| Toronto | 5,834 | 5,972 | 2 | 46,152 | 59,172 | 28 | 51,986 | 65,144 | 25 |
| Trois-Rivières | 418 | 162 | -61 | 552 | 744 | 35 | 970 | 906 | -7 |
| Vancouver | 2,440 | 4,508 | 85 | 20,748 | 27,516 | 33 | 23,188 | 32,024 | 38 |
| Victoria | 783 | 684 | -13 | 3,684 | 2,604 | -29 | 4,467 | 3,288 | -26 |
| Windsor | 751 | 698 | -7 | 2,004 | 1,464 | -27 | 2,755 | 2,162 | -22 |
| Winnipeg | 2,255 | 2,248 | 0 | 2,712 | 1,140 | -58 | 4,967 | 3,388 | -32 |
| Data for 2021 and 2022 based on 2016 Census Definitions. | |||||||||
| Source: CMHC Starts and Completion Survey, Market Absorption Survey | |||||||||
| ## not calculable / extreme value | |||||||||
SOURCE Canada Mortgage and Housing Corporation
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