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Housing Starts

Higher incomes and population increases are just two of the many factors influencing residential construction.

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U.S. Monthly Housing Starts (seasonally adjusted at annual rates)

Data source: U.S. Census Bureau (Department of Commerce).
Chart: ConstructConnect — CanaData.

Canada Monthly Housing Starts (seasonally adjusted at annual rates)

Data source: Canada Mortgage and Housing Corporation (CMHC).
Chart: ConstructConnect — CanaData.

U.S. and Canada Monthly Housing Starts

Seasonally Adjusted at Annual Rates (SAAR).
The last data points are for February, 2022.
ARROWS: U.S. numbers to be read from left axis; Canadian from right axis.

Sources: U.S. Census Bureau & Canada Mortgage & Housing Corp (CMHC) / Chart: ConstructConnect-CanaData.

Per Cent Change in Year-to-date Housing Starts — Ranking of Canada’s Major Cities

JAN-FEB 2022 vs JAN-FEB 2021.

Data source: Canada Mortgage & Housing Corporation (CMHC) based on actuals rather than seasonally adjusted data.
Chart: ConstructConnect — CanaData.

Per Cent Change in Year-to-date Housing Starts — Ranking of Canada’s Provinces

Jan-Nov 2021 vs Jan-Nov 2020.

Data source: Canada Mortgage and Housing Corporation (CMHC) (based on actuals rather than seasonally adjusted data.)
Chart: ConstructConnect — CanaData.

U.S. Regional Housing Starts

Northeast: July 2021 m/m = -49.3%; Midwest: m/m = -6.9%; South: m/m = +2.1%; West: m/m = -11.3%

Data source: U.S. Census Bureau (Department of Commerce).
Charts: ConstructConnect — CanaData.