REGINA — The Canada Mortgage and Housing Corporation recently released new data showing urban housing starts in Saskatchewan increased by 108.6 per cent in the first five months of 2025 compared to the same period in 2024.
In May 2025, urban housing starts across the province increased by 205.9 per cent over May 2024, placing Saskatchewan second among the provinces for year-over-year growth, states a release.
Housing starts on single family homes were up 63.7 per cent, while multi-unit residential construction increased by 617.9 per cent compared to May 2024.
Private capital investment increased last year by 17.3 per cent to $14.7 billion and is projected to reach $16.2 billion in 2025.
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