Housing starts in Canada surged 21.6% over a month earlier to a record high of 335,200 units in March of 2021, compared to market forecasts of 250,000 units, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts increased by 24.4% to 300,973 units, as multiple urban starts jumped by 33.8% to 222,358 units and single-detached urban starts rose by 3.6% to 78,615 units. Rural starts were estimated at a seasonally adjusted annual rate of 34,227 units. source: Canada Mortgage And Housing Corporation

Housing Starts in Canada averaged 187.54 Thousand units from 1977 until 2021, reaching an all time high of 335.20 Thousand units in March of 2021 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 April of 2021.

Housing Starts in Canada is expected to be 215.00 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 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
335.20 275.57 335.20 90.70 1977 - 2021 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-18 01:15 PM Dec 228.3K 259.9K 227K 245K
2021-02-15 01:15 PM Jan 282.4K 229.4K 190K
2021-03-15 12:15 PM Feb 245.9K 284.4K 250K 220K
2021-04-19 12:15 PM Mar 335.2K 275.6K 250K 230K
2021-05-17 12:15 PM Apr 335.2K
2021-06-15 12:15 PM May
2021-07-15 12:15 PM Jun
2021-08-16 12:15 PM Jul


News Stream
Canada Housing Starts Rise More than Expected
Housing starts in Canada surged 21.6% over a month earlier to a record high of 335,200 units in March of 2021, compared to market forecasts of 250,000 units, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts increased by 24.4% to 300,973 units, as multiple urban starts jumped by 33.8% to 222,358 units and single-detached urban starts rose by 3.6% to 78,615 units. Rural starts were estimated at a seasonally adjusted annual rate of 34,227 units.
2021-04-19
Canada Housing Starts Fall More than Expected
Housing starts in Canada declined 13.5% over a month earlier to 245,922 units in February of 2021, compared to market forecasts of 250,000 units, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts decreased by 14% to 231,042 units, as multiple urban starts slumped by 15.8% to 163,757 units and single-detached urban starts fell by 9.3% to 67,285 units. Rural starts were estimated at a seasonally adjusted annual rate of 14,880 units.
2021-03-15
Canada Housing Starts Surge 23.1% in January
Housing starts in Canada rose 23.1 percent over a month earlier to 282,428 units in January 2021, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts jumped by 27.7 percent to 266,877 units, as multiple urban starts increased by 24.1 percent to 193,328 units while single-detached urban starts climbed by 38.1 percent to 73,549 units. Rural starts were estimated at a seasonally adjusted annual rate of 15,551 units.
2021-02-15
Canada Housing Starts Fall Less than Expected
Housing starts in Canada decreased 12.2 percent over a month earlier to 228,300 units in December of 2020, compared to market forecasts of 227,000 units, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts declined by 12.8 percent, as multiple urban starts slumped by 15.1 percent while single-detached urban starts fell by 5.5 percent. Rural starts were estimated at a seasonally adjusted annual rate of 22,373 units.
2021-01-18

Canada Housing Starts
In Canada, a housing start is defined as the beginning of construction work on the building where the dwelling unit will be located. This can be described in 2 ways: usually, the stage when the concrete has been poured for the whole of the footing around the structure; or an equivalent stage where a basement will not be part of the structure.