Metropolitan housing starts: September 2021

The Conference Board of Canada, September 27, 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

  • 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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