The monthly SAAR of housing starts for all areas in Canada fell 1.5 percent from a month earlier to 282,070 units in June 2021, still beating market expectations of 270,000 units, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts decreased by 1.8 percent to 251,190 units, due to an 8.5 percent decline in single-detached urban starts. Meanwhile, multiple urban starts increased by a slight 0.6 percent. Rural starts were estimated at a seasonally adjusted annual rate of 30,880 units. source: Canada Mortgage And Housing Corporation

Housing Starts in Canada averaged 188.11 Thousand units from 1977 until 2021, reaching an all time high of 333.28 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 July of 2021.

Housing Starts in Canada is expected to be 250.00 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 220.00 in 12 months time. In the long-term, the Canada Housing Starts is projected to trend around 220.00 Thousand units in 2022 and 200.00 Thousand units in 2023, according to our econometric models.

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Canada Housing Starts

Actual Previous Highest Lowest Dates Unit Frequency
282.07 286.30 333.28 90.70 1977 - 2021 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-19 12:15 PM Mar 335.2K 275.6K 250K 230K
2021-05-17 12:15 PM Apr 268.6K 334.8K 280K 290K
2021-06-15 12:15 PM May 275.9K 267.4K 270K 269K
2021-07-16 12:15 PM Jun 282.1K 286.3K 270K 270K
2021-08-16 12:15 PM Jul 282.1K
2021-09-15 12:15 PM Aug
2021-10-15 12:15 PM Sep
2021-11-15 01:15 PM Oct


News Stream
Canada Housing Starts Fall Less than Forecast
The monthly SAAR of housing starts for all areas in Canada fell 1.5 percent from a month earlier to 282,070 units in June 2021, still beating market expectations of 270,000 units, according to Canada Mortgage and Housing Corporation (CMHC). Urban starts decreased by 1.8 percent to 251,190 units, due to an 8.5 percent decline in single-detached urban starts. Meanwhile, multiple urban starts increased by a slight 0.6 percent. Rural starts were estimated at a seasonally adjusted annual rate of 30,880 units.
2021-07-16
Canada Housing Starts Rise More than Expected
Housing starts in Canada rose 3.2% over a month earlier to 275,916 units in May of 2021, above market expectations of 270,000 units, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts went up by 1.8% to 254,647 units, as multiple urban starts jumped by 10.9% to 190,530 units while single-detached urban starts plunged 18% to 64,117 units. Rural starts were estimated at a seasonally adjusted annual rate of 21,269 units.
2021-06-15
Canada Housing Starts Fall More than Expected
Housing starts in Canada fell 19.8% over a month earlier to 268,631 units in April of 2021, below market expectations of 280,000 units, according to Canada Mortgage and Housing Corporation (CMHC). The SAAR of urban starts decreased by 16.9% to 251,504 units, as multiple urban starts slipped by 22.8% to 251,504 units while single-detached urban starts decreased a slight 0.1% to 78,918 units. Rural starts were estimated at a seasonally adjusted annual rate of 17,127 units.
2021-05-17
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
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.