The seasonally adjusted annual rates of housing starts in Canada jumped 16.2 percent from a month earlier to 193,453 units in May 2020, beating market expectations of 155,000 units, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts rose by 13.8% to 181,122 units, as multiple urban starts increased by 12.3% to 135,859 units and single-detached urban starts went up by 18.6% to 45,263 units. The release also included national housing starts totals without Quebec in order to assess the impact of the coronavirus crisis where the survey was conducted in both April and May, following the introduction of pandemic measures in the province in late March. Excluding Quebec, housing starts slumped by 20.4% to 132,576 units. Urban starts dropped by 21.6% due to both multiple (-27.2%) and single-detached urban starts (-3.9%). Rural starts were estimated at a seasonally adjusted annual rate of 7,772 units excluding Quebec.

Housing Starts in Canada averaged 186.28 Thousand units from 1977 until 2020, reaching an all time high of 291.60 Thousand units in March of 1978 and a record low of 90.70 Thousand units in August of 1982. This page provides the latest reported value for - Canada Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Housing Starts - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Canada Mortgage And Housing Corporation

Housing Starts in Canada is expected to be 210.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Starts in Canada to stand at 213.00 in 12 months time. In the long-term, the Canada Housing Starts is projected to trend around 213.00 Thousand units in 2021 and 216.00 Thousand units in 2022, according to our econometric models.

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Canada Housing Starts

Actual Previous Highest Lowest Dates Unit Frequency
193.45 166.48 291.60 90.70 1977 - 2020 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-09 12:15 PM Feb 210K 213K 205K 208K
2020-04-08 12:15 PM Mar 195K 210K 180K 160K
2020-05-08 12:15 PM Apr 171K 195K 110K 110K
2020-06-08 12:15 PM May 193.5K 166.4K 155K 160K
2020-07-08 12:15 PM Jun 193.5K 198K 210K
2020-08-10 12:15 PM Jul
2020-09-08 12:15 PM Aug
2020-10-08 12:15 PM Sep 160K


News Stream
Canada Housing Starts Unexpectedly Rise in May
The seasonally adjusted annual rates of housing starts in Canada jumped 16.2 percent from a month earlier to 193,453 units in May 2020, beating market expectations of 155,000 units, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts rose by 13.8% to 181,122 units, as multiple urban starts increased by 12.3% to 135,859 units and single-detached urban starts went up by 18.6% to 45,263 units. The release also included national housing starts totals without Quebec in order to assess the impact of the coronavirus crisis where the survey was conducted in both April and May, following the introduction of pandemic measures in the province in late March. Excluding Quebec, housing starts slumped by 20.4% to 132,576 units. Urban starts dropped by 21.6% due to both multiple (-27.2%) and single-detached urban starts (-3.9%). Rural starts were estimated at a seasonally adjusted annual rate of 7,772 units excluding Quebec.
2020-06-08
Canada Housing Starts Lowest in Over a Year
Housing starts in Canada fell 12.4 percent from a month earlier to an annualized 171,265 in April of 2020, but above market expectations of 110,000, according to Canada Mortgage and Housing Corporation (CMHC). Still, it was the lowest reading since February of 2019. Data for April does not include Quebec due to the introduction of pandemic measures in the province in late March. Excluding Quebec, housing starts increased 10.8 percent to 166,415. Urban starts rose by 12.4 percent, as multiple urban starts jumped by 35.7 percent while single-detached urban starts decreased by 27.1 percent. Rural starts were estimated at a seasonally adjusted annual rate of 7,285 units excluding Quebec.
2020-05-08
Canada Housing Starts Fall Less than Expected
The seasonally adjusted annual rates of housing starts in Canada fell 7.3 percent from a month earlier to 195,174 units in March 2020, but above market forecasts of 180,000, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts also dropped by 7.3 percent to 182,553 units, as multiple urban starts went down by 13.4 percent to 124,073 units while single-detached urban starts rose by 8.8 percent to 58,480 units. Rural starts were estimated at a seasonally adjusted annual rate of 12,621 units.
2020-04-08
Canada Housing Starts Fall Less than Expected
The seasonally adjusted annual rates of housing starts in Canada fell 1.9 percent from a month earlier to 210,069 units in February 2020, but above market forecasts of 205,000, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts also declined by 1.9 percent to 199,304 units, as multiple urban starts dropped by 6.1 percent to 146,072 units while single-detached urban starts went up by 11.9 percent to 53,232 units. Rural starts were estimated at a seasonally adjusted annual rate of 10,765 units.
2020-03-09

Canada Housing Starts
Housing Starts refer to the number of new residential construction projects that have begun during any particular month.