Metropolitan housing starts: March 2021

The Conference Board of Canada, April 13, 2021
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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 11 Census Metropolitan Areas (CMAs) with positive short- and long-term expectations this month, two more than last month. These are the CMAs in the up-up quadrant.

Vancouver and Victoria remain in the down-down quadrant, with negative expectations for both the short and long terms. The CMAs with the biggest year-over-year percentage increase in housing starts in February were Sherbrooke, London, Montréal, Saskatoon, and Oshawa.

Kitchener–Waterloo had the largest year-over-year percentage decline in starts last month.

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