Metropolitan Housing Starts: June 2017

The Conference Board of Canada, June 15, 2017
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The monthly Metropolitan Housing Starts publication provides the recent trends in housing starts for 28 metropolitan areas and expectations for starts over both the short and long term.

Document Highlights

  • There are 10 CMAs where expectations are positive for both the short and long terms—one fewer than last month.
  • Toronto’s short- and long-term expectations remain positive, but recent weakness in the resale market could spill over into new home construction.
  • The CMAs with the biggest year-over-year declines in housing starts in May were London, Oshawa, Windsor, St. John’s, and Québec City.
  • Regina had the biggest year-over-year increase in housing starts last month.

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