Current Canada Housing Starts: 231K (N/A vs last year)
Dec 2024
Canada Housing Starts is an important economic indicator that measures the number of new residential construction projects that have begun, on a monthly basis. Specifically, it represents the number of privately-owned housing units where construction has started, including single-family homes, multi-family homes (like apartment buildings), and condominiums.
A housing start is recorded when the construction begins on the foundation of the building, not when permits are issued or when construction is completed.
The data is compiled and reported by the US Census Bureau and the Canada Mortgage and Housing Corporation (CHMC).
A housing start is recorded when the construction begins on the foundation of the building, not when permits are issued or when construction is completed.
The data is compiled and reported by the US Census Bureau and the Canada Mortgage and Housing Corporation (CHMC).