Canadian Housing Starts at 197,900 Units in JanuaryOTTAWA, ON — The rate of seasonally adjusted Canadian housing starts of 197,900 in January represented a 1% from December, according to the Canada Mortgage and Housing Corporation (CMHC).

“The slight decrease posted in January was attributable to a decrease in Quebec and in Atlantic Canada,” said Mathieu Laberge, deputy chief economist at CMHC’s Market Analysis Centre. “The multiple starts segment accounted for most of the reduction in those two regions.”

January’s seasonally adjusted annual rate of urban starts decreased by 35.4% in Atlantic Canada, and by 34.4% in Québec. Urban starts increased by 28.0% in British Columbia, by 11.1% in Ontario and by 2.3% in the Prairies.

 

Housing Starts, Actual and SAAR*


 

Actual

SAAR

 

January
2011

January
2012

December
2011

January
2012

 

Source: CMHC
*Seasonally adjusted annual rates
**Urban centres with a population of 10,000 and over.
  Detailed data available upon request.

 

 

Revised

Preliminary

Revised

Preliminary

 

Canada, all areas

10,634

12,950

199,900

197,900

 

Canada, rural areas

811

730

18,300

21,300

 

Canada, urban centres**

9,823

12,220

181,600

176,600

 

Canada, singles, urban centres

3,547

3,596

70,400

64,900

 

Canada, multiples, urban centres

6,276

8,624

111,200

111,700


 





 

Atlantic region, urban centres

500

440

13,000

8,400

 

Quebec, urban centres

2,516

1,712

43,000

28,200

 

Ontario, urban centres

3,299

5,626

69,600

77,300

 

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