Expectations
Year ago 6 mon. MA 3 mon. MA Mar. 2022 Short-term* Long-term**







St. John’s 692 883 1,213 1,611 + -
Halifax 2,665 4,917 3,022 1,467 + -
Saint John 265 509 484 439 + -
Moncton 303 1,512 656 1,174 - -
Québec CMA 7,065 8,326 7,992 10,597 - -
Montréal 30,629 25,596 22,069 23,479 - -
Trois-Rivières 1,285 1,103 683 462 + -
Saguenay 483 936 1,238 826 + -
Sherbrooke 4,053 2,466 1,834 1,172 + -
Ottawa–Gatineau 15,347 13,168 12,628 16,713 + -
Kingston 3,113 1,573 477 117 + +
Greater Sudbury 4,400 474 645 1,586 + -
Thunder Bay 1,007 132 126 90 - +
Oshawa 5,513 1,927 1,428 2,079 - -
Toronto 63,077 43,371 42,584 39,741 - +
Hamilton 1,587 3,066 2,314 2,701 - -
St. Catharines–Niagara 3,732 2,266 1,901 1,752 + -
Kitchener–Waterloo 4,401 4,079 2,573 4,019 - +
London 3,428 3,280 3,371 2,788 - -
Windsor 804 1,357 1,374 1,360 - -
Winnipeg 3,535 5,343 5,865 4,621 + +
Regina 1,235 993 700 861 + +
Saskatoon 4,362 1,555 1,658 1,242 + +
Calgary 14,005 15,596 12,932 16,368 - -
Edmonton 9,998 12,631 11,325 11,700 - -
Vancouver 44,909 20,066 17,905 14,218 + -
Victoria 7,231 4,354 3,367 1,457 - -
Abbotsford–Mission 789 1,370 1,504 1,019 + -



Starts seasonally adjusted, annual rate.
*short-term expectations are based on residential permits data
**long-term expectations are based on demographic requirements
Sources: The Conference Board of Canada; CMHC Housing Market Information Portal.


Disclaimer: Forecasts and research often involve numerous assumptions and data sources and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.

Please note that our forecast was completed during Russia’s continuing invasion of Ukraine. Although the situation remains fluid, the core elements of the forecast presented in this briefing stand at publication. For Canada, we expect the largest implications of Russia’s actions will be on commodity and consumer prices. Visit conferenceboard.ca for our latest insights. The Conference Board of Canada reserves the right to adjust content as necessary.


About the Metropolitan Housing Starts

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.

Any errors or omissions in fact or interpretation are the responsibility of The Conference Board of Canada.