Metropolitan housing starts: September 2021
The Conference Board of Canada,
September 27, 2021
Online experience
by
Jane McIntyre
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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
- Only two census metropolitan areas (CMAs) this month have positive short- and long-term expectations, three fewer than last month. These are the CMAs in the up-up quadrant.
- Most CMAs have negative long-term expectations for September—not surprising, given the recent pandemic-fuelled strength in markets across the country.
- The CMAs with the biggest year-over-year percentage decrease in housing starts in August were Halifax, Québec City, Greater Sudbury, Oshawa, and Abbotsford–Mission.
- Saguenay had the largest year-over-year percentage increase in starts last month, though smaller cities do tend to have larger swings in the data on a monthly basis.
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