Housing starts in Canada decreased by 11 percent over a month earlier to 267,055 units in October of 2022, below market expectations of 270,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). Urban starts also fell by 11 percent to 245,234 units, as multi-unit urban starts went down 13 percent to 188,189 units, while single-detached urban starts dropped 4 percent to 57,045 units. Rural starts were estimated at a seasonally adjusted annual rate of 21,821 units. source: Canada Mortgage And Housing Corporation

Housing Starts in Canada averaged 190.33 Thousand units from 1977 until 2022, reaching an all time high of 330.12 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 November of 2022.

Housing Starts in Canada is expected to be 244.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Housing Starts is projected to trend around 200.00 Thousand units in 2023 and 220.00 Thousand units in 2024, according to our econometric models.

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Canada Housing Starts



Calendar GMT Actual Previous Consensus TEForecast
2022-10-18 12:15 PM Sep 299.6K 270.4K 263K 251K
2022-11-16 01:15 PM Oct 267.1K 298.8K 270K 272K
2022-12-15 01:15 PM Nov 267.1K 254K


Related Last Previous Unit Reference
Housing Starts 267.10 298.80 Thousand units Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
267.10 298.80 330.12 90.70 1977 - 2022 Thousand units Monthly
Volume, SA

News Stream
Canada Housing Starts Fall More than Expected
Housing starts in Canada decreased by 11 percent over a month earlier to 267,055 units in October of 2022, below market expectations of 270,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). Urban starts also fell by 11 percent to 245,234 units, as multi-unit urban starts went down 13 percent to 188,189 units, while single-detached urban starts dropped 4 percent to 57,045 units. Rural starts were estimated at a seasonally adjusted annual rate of 21,821 units.
2022-11-16
Canada Housing Starts Unexpectedly Rise
Housing starts in Canada jumped by 11% over a month earlier to 299,589 units in September of 2022, against market expectations of 263,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). it was the highest reading since November of 2021. Urban starts surged by 12% to 276,142 units in September, as 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.
2022-10-18
Canada Housing Starts Fall Less than Expected
Housing starts in Canada decreased by 3.0 percent over a month earlier to 267,443 units in August of 2022, still above market expectations of 265,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). Urban starts fell by 3.0 percent to 246,771 units, as multi-unit urban starts went down 4.0 percent to 187,602 units, while single-detached urban starts rose 1.0 percent to 59,169 units. Rural starts were estimated at a seasonally adjusted annual rate of 20,672units.
2022-09-16