OTTAWA, 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* |
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Actual |
SAAR |
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January |
January |
December |
January |
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Source: CMHC |
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|
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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