monthly-housing-starts-tables-2023-05-en (2).xlsx
Housing starts are an economic indicator that reflect the number of residential housing projects that have been started over a specific length of time. These data are divided into 3 types: single-family houses, townhouses or small condos and apartment buildings with 5 or more units.
May Monthly Housing Starts key highlights The trend in housing starts was 230,205 units in May 2023, down from 240,318 units in April. The trend measure is a 6-month moving average of the monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. The Vancouver, Toronto and Montréal census metropolitan areas (CMAs) all recorded declines in total SAAR housing starts in May. Vancouver was down 45%, Toronto down 28% and Montréal down 35%. All CMAs 3 recorded increases in single-detached starts that were offset by large increases in multi-unit starts. May Standalone Seasonally Adjusted Annual Rate (SAAR) The standalone monthly SAAR of total housing starts for all areas in Canada in May was 202,494 units, a decrease of 23% from April. The SAAR of total urban starts decreased by 24% in May to 182,842 units. Multi-unit urban starts decreased by 30% to 139,890 units in May. Single-detached urban starts increased by 6% to 42,952 units. Rural starts were estimated at a seasonally adjusted annual rate of 19,652 units.
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Additional Information
| Field | Value |
|---|---|
| Data last updated | July 8, 2023 |
| Metadata last updated | July 8, 2023 |
| Created | July 8, 2023 |
| Format | CSV |
| License | License not specified |
| Datastore active | False |
| Datastore contains all records of source file | False |
| Has views | False |
| Id | c617c77d-b183-4775-9042-c9cd262037a3 |
| Mimetype | application/vnd.openxmlformats-officedocument.spreadsheetml.sheet |
| Package id | 404bb205-2ade-45dd-9ba8-d316dd1bd296 |
| Position | 0 |
| Size | 185.3 KiB |
| State | active |
| Url type | upload |