Canadian housing starts increased in August

The trend in housing starts was 213,144 units in August 2020, up from 204,597 units in July 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“The national trend in housing starts increased for a third consecutive month in August,” said Bob Dugan, CMHC’s chief economist. “Higher multi-family starts in Ontario, including Toronto, drove the national increase. We expect national starts to trend lower by the end of 2020 as a result of the negative impact of COVID-19 on economic and housing indicators.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of Canada’s housing market. In some situations, analyzing only SAAR data can be misleading, as they are largely driven by the multi-unit segment of the market which can vary significantly from one month to the next.

The standalone monthly SAAR of housing starts for all areas in Canada was 262,396 units in August, an increase of 6.9% from 245,425 units in July. The SAAR of urban starts increased by 7.1% in August to 248,154 units. Multiple urban starts increased by 9.1% to 201,214 units in August while single-detached urban starts decreased by 1.0% to 46,940 units.

Rural starts were estimated at a seasonally adjusted annual rate of 14,242 units.

Preliminary Housing Starts data is also available in English and French through the CMHC website and through CMHC’s Housing Market Information Portal.

The monthly release of our Preliminary Housing Starts data will continue as planned. CMHC will report any impact on our ability to collect housing data.

As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.

For more information, follow TwitterYouTubeLinkedInFacebook and Instagram.

 

 

Table 1: Preliminary Housing Start Data in Centres 10,000 Population and Over 
Single-Detached All Others Total
August 2019 August 2020 % August 2019 August 2020 % August 2019 August 2020 %
Provinces (10,000+)
N.-L. 49 71 45 26 6 -77 75 77 3
P.E.I. 17 25 47 49 144 194 66 169 156
N.S. 176 150 -15 221 135 -39 397 285 -28
N.B. 101 78 -23 231 290 26 332 368 11
Atlantic 343 324 -6 527 575 9 870 899 3
Qc 440 438 0 2,632 3,186 21 3,072 3,624 18
Ont. 2,238 2,047 -9 5,240 7,841 50 7,478 9,888 32
Man. 174 163 -6 320 215 -33 494 378 -23
Sask. 92 85 -8 147 147 239 232 -3
Alta. 961 701 -27 1,647 1,052 -36 2,608 1,753 -33
Prairies 1,227 949 -23 2,114 1,414 -33 3,341 2,363 -29
B.C. 662 629 -5 2,290 2,970 30 2,952 3,599 22
Canada (10,000+) 4,910 4,387 -11 12,803 15,986 25 17,713 20,373 15
Metropolitan Areas
Abbotsford-Mission 28 35 25 69 89 29 97 124 28
Barrie 45 69 53 29 4 -86 74 73 -1
Belleville 50 40 -20 23 5 -78 73 45 -38
Brantford 55 146 165 14 56 300 69 202 193
Calgary 337 211 -37 714 525 -26 1,051 736 -30
Edmonton 440 371 -16 812 454 -44 1,252 825 -34
Greater Sudbury 29 23 -21 22 12 -45 51 35 -31
Guelph 39 19 -51 186 0 -100 225 19 -92
Halifax 119 84 -29 203 106 -48 322 190 -41
Hamilton 147 77 -48 68 235 246 215 312 45
Kelowna 33 45 36 441 158 -64 474 203 -57
Kingston 46 21 -54 222 62 -72 268 83 -69
Kitchener-Cambridge-Waterloo 70 97 39 772 103 -87 842 200 -76
Lethbridge 36 31 -14 14 5 -64 50 36 -28
London 164 168 2 419 68 -84 583 236 -60
Moncton 32 16 -50 120 127 6 152 143 -6
Montréal 172 170 -1 1,859 1,984 7 2,031 2,154 6
Oshawa 70 71 1 29 647 ## 99 718 ##
Ottawa-Gatineau 302 304 1 398 1,472 270 700 1,776 154
Gatineau 45 8 -82 48 149 210 93 157 69
Ottawa 257 296 15 350 1,323 278 607 1,619 167
Peterborough 42 31 -26 13 68 423 55 99 80
Québec 44 60 36 463 721 56 507 781 54
Regina 28 19 -32 5 63 ## 33 82 148
Saguenay 29 15 -48 10 2 -80 39 17 -56
St. Catharines-Niagara 121 101 -17 137 102 -26 258 203 -21
Saint John 20 14 -30 43 24 -44 63 38 -40
St. John’s 36 61 69 16 4 -75 52 65 25
Saskatoon 59 58 -2 111 51 -54 170 109 -36
Sherbrooke 14 24 71 34 120 253 48 144 200
Thunder Bay 17 5 -71 4 0 -100 21 5 -76
Toronto 557 491 -12 2,574 4,752 85 3,131 5,243 67
Trois-Rivières 12 12 17 12 -29 29 24 -17
Vancouver 326 312 -4 1,356 2,208 63 1,682 2,520 50
Victoria 56 43 -23 83 181 118 139 224 61
Windsor 62 55 -11 77 113 47 139 168 21
Winnipeg 142 129 -9 256 198 -23 398 327 -18
Total 3,779 3,428 -9 11,613 14,731 27 15,392 18,159 18

Data based on 2016 Census Definitions.
Source: Market Analysis Centre, CMHC
## not calculable / extreme value

Table 2: Preliminary Housing Start Data — Seasonally Adjusted at Annual Rates (SAAR)
Single-Detached All Others Total
July 2020 August 2020 % July 2020 August 2020 % July 2020 August 2020 %
Provinces (10,000+)
N.L. 478 609 27 143 72 -50 621 681 10
P.E.I. 222 247 11 168 1,728 ## 390 1,975 406
N.S. 1,465 1,466 0 5,874 1,558 -73 7,339 3,024 -59
N.B. 532 571 7 6,082 3,477 -43 6,614 4,048 -39
Qc 7,220 6,343 -12 50,872 50,236 -1 58,092 56,579 -3
Ont. 20,979 21,116 1 61,627 92,006 49 82,606 113,122 37
Man. 1,835 1,698 -7 4,356 2,580 -41 6,191 4,278 -31
Sask. 1,015 904 -11 6,840 1,764 -74 7,855 2,668 -66
Alta. 6,941 7,068 2 15,087 12,147 -19 22,028 19,215 -13
B.C. 6,726 6,918 3 33,330 35,646 7 40,056 42,564 6
Canada (10,000+) 47,413 46,940 -1 184,379 201,214 9 231,792 248,154 7
Canada (All Areas) 57,374 57,234 0 188,053 205,161 9 245,425 262,396 7
Metropolitan Areas
Abbotsford-Mission 293 363 24 192 1,068 456 485 1,431 195
Barrie 218 409 88 192 48 -75 410 457 11
Belleville 503 378 -25 96 60 -38 599 438 -27
Brantford 444 844 90 516 672 30 960 1,516 58
Calgary 2,764 2,386 -14 5,952 6,300 6 8,716 8,686 0
Edmonton 3,476 3,842 11 7,284 5,448 -25 10,760 9,290 -14
Greater Sudbury 100 145 45 144 144 244 289 18
Guelph 229 191 -17 0 0 229 191 -17
Halifax 992 783 -21 5,676 1,272 -78 6,668 2,055 -69
Hamilton 366 659 80 6,564 2,820 -57 6,930 3,479 -50
Kelowna 390 733 88 3,072 1,896 -38 3,462 2,629 -24
Kingston 230 200 -13 984 744 -24 1,214 944 -22
Kitchener-Cambridge-Waterloo 1,306 1,386 6 948 1,236 30 2,254 2,622 16
Lethbridge 208 305 47 936 60 -94 1,144 365 -68
London 1,905 1,527 -20 1,308 816 -38 3,213 2,343 -27
Moncton 154 128 -17 4,440 1,524 -66 4,594 1,652 -64
Montréal 2,558 2,438 -5 33,109 24,769 -25 35,667 27,207 -24
Oshawa 574 803 40 1,032 7,764 ## 1,606 8,567 433
Ottawa-Gatineau 3,556 2,976 -16 7,104 17,664 149 10,660 20,640 94
Gatineau 550 71 -87 2,100 1,788 -15 2,650 1,859 -30
Ottawa 3,006 2,905 -3 5,004 15,876 217 8,010 18,781 134
Peterborough 188 222 18 24 816 ## 212 1,038 390
Québec 1,009 909 -10 5,712 8,652 51 6,721 9,561 42
Regina 232 185 -20 672 756 13 904 941 4
Saguenay 287 139 -52 552 24 -96 839 163 -81
St. Catharines-Niagara 1,181 1,112 -6 1,860 1,224 -34 3,041 2,336 -23
Saint John 140 119 -15 936 288 -69 1,076 407 -62
St. John’s 404 530 31 120 48 -60 524 578 10
Saskatoon 770 660 -14 5,976 612 -90 6,746 1,272 -81
Sherbrooke 589 645 10 744 1,440 94 1,333 2,085 56
Thunder Bay 79 32 -59 72 0 -100 151 32 -79
Toronto 6,659 5,016 -25 41,628 57,024 37 48,287 62,040 28
Trois-Rivières 235 237 1 672 144 -79 907 381 -58
Vancouver 3,236 3,258 1 21,168 26,496 25 24,404 29,754 22
Victoria 771 560 -27 3,396 2,172 -36 4,167 2,732 -34
Windsor 433 529 22 540 1,356 151 973 1,885 94
Winnipeg 1,435 1,336 -7 4,092 2,376 -42 5,527 3,712 -33

Data based on 2016 Census Definitions.
Source: Market Analysis Centre, CMHC
## not calculable / extreme value

Leave a Reply

Your email address will not be published. Required fields are marked *

Share This