Housing starts in Canada fell 5.3 percent over a month earlier to 236,554 units in October of 2021, the fifth straight month of decrease and below market expectations of 255,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). It was the lowest reading since December of 2020. Urban starts declined by 3.7 percent, led by a 5.3 percent decrease in multiple urban starts to 156,781 units, while single-detached urban starts increased by 1 percent to 58,016 units. Rural starts were estimated at a seasonally adjusted annual rate of 21,757 units. source: Canada Mortgage And Housing Corporation

Housing Starts in Canada averaged 188.61 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 November of 2021.

Housing Starts in Canada is expected to be 220.00 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 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


Calendar GMT Actual Previous Consensus TEForecast
2021-10-18 12:15 PM Sep 251.2K 262.8K 255K 259K
2021-11-16 01:15 PM Oct 236.6K 249.9K 255K 255K
2021-12-15 01:15 PM Nov 236.6K


Related Last Previous Unit Reference
Housing Starts 236.60 249.90 Thousand units Oct/21

News Stream
Canada Housing Starts Down for 5th Month
Housing starts in Canada fell 5.3 percent over a month earlier to 236,554 units in October of 2021, the fifth straight month of decrease and below market expectations of 255,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). It was the lowest reading since December of 2020. Urban starts declined by 3.7 percent, led by a 5.3 percent decrease in multiple urban starts to 156,781 units, while single-detached urban starts increased by 1 percent to 58,016 units. Rural starts were estimated at a seasonally adjusted annual rate of 21,757 units.
2021-11-16
Canada Housing Starts Fall for 4th Month
Housing starts in Canada fell 4.4 percent over a month earlier to 251,151 units in September of 2021, the fourth straight month of decrease and below market expectations of 255,000 units, according to the Canada Mortgage and Housing Corporation (CHMC). It was the lowest reading since December of 2020. Urban starts fell by 4.5 percent, driven by a 4 percent decrease in multiple urban starts to 165,861 units, while single-detached urban starts decreased 5.9 percent decrease to 57,194 units. Rural starts were estimated at a seasonally adjusted annual rate of 28,096 units.
2021-10-18
Canada Housing Starts Fall for 3rd Month
Housing starts in Canada fell 3.9% over a month earlier to 260,239 units in August of 2021, the third straight month of decreases, compared to market expectations of 268,000 units, according to Canada Mortgage and Housing Corporation (CMHC). It was the lowest reading since last December. Urban starts fell by 4.7% to 235,782 units, as multiple urban starts slumped by 5.7% to 173,120 units in August, while single-detached urban starts decreased by 2% to 62,662 units. Rural starts were estimated at a seasonally adjusted annual rate of 24,457 units.
2021-09-16

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.