Metropolitan Housing Starts: October 2021
The Conference Board of Canada
October 27, 2021
The monthly Metropolitan housing starts publication provides the recent trends in housing starts for 29 metropolitan areas and expectations for starts over both the short and long term.
- Only one city, Toronto, still has positive short- and long-term expectations this month.
- The most occupied expectations quadrant is the postive short-term/negative long-term one, signalling that the recent strength in census metropolitan area (CMA) housing markets may wane over the next couple of years.
- The CMAs with the biggest year-over-year percentage decrease in housing starts in September were Kingston, Windsor, Kitchener–Waterloo, Hamilton, and Halifax.