Metropolitan housing starts: March 2020

The Conference Board of Canada, March 23, 2020
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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.

Document Highlights

  • There are six census metropolitan areas (CMAs) with positive short- and long-term expectations, the same number as last month.
  • The emerging COVID-19 virus pandemic could threaten positive expectations in the short term. More people are likely to delay buying as they self-isolate, and are faced with lower investment returns that could be used for down payments.
  • Some of this downward risk, however, will be mitigated by lower interest rates.

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