Metropolitan housing starts: May 2021

The Conference Board of Canada, June 15, 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, the same number as last month. These are the CMAs in the up-up quadrant.
  • Only two CMAs have negative short-term expectations. Vancouver is the only one with both negative short- and long-term expectations.
  • The CMAs with the biggest year-over-year percentage decrease in April housing starts were Toronto, Victoria, Saskatoon, Regina, and Edmonton.
  • Montréal had the largest year-over-year percentage increase in starts last month.

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