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







St. John’s 743 1,007 1,373 1,330 + -
Halifax 1,549 3,810 1,591 1,374 + -
Saint John 1,076 582 544 836 + -
Moncton 1,780 1,351 765 878 + -
Québec CMA 7,259 8,926 9,108 11,574 + -
Montréal 39,353 26,587 24,611 34,278 - -
Trois-Rivières 828 1,453 1,548 3,153 + -
Saguenay 690 1,003 973 919 + -
Sherbrooke 2,807 2,261 1,727 2,044 + -
Ottawa–Gatineau 19,157 12,719 14,395 14,799 - -
Kingston 661 1,490 197 204 + -
Greater Sudbury 860 411 572 269 + -
Thunder Bay 584 119 79 5 - +
Oshawa 3,257 2,063 2,684 4,988 - -
Toronto 33,442 42,050 43,184 24,605 - -
Hamilton 6,275 3,837 3,667 5,764 - -
St. Catharines–Niagara 2,545 2,701 3,167 5,712 + -
Kitchener–Waterloo 10,743 3,271 2,926 2,474 + +
London 8,674 3,175 2,457 2,403 - -
Windsor 2,166 1,570 1,562 2,410 - -
Winnipeg 4,350 5,649 5,658 5,600 - +
Regina 810 1,053 851 1,188 + +
Saskatoon 4,139 2,205 3,085 5,074 + +
Calgary 14,926 16,020 16,312 17,143 - -
Edmonton 14,143 12,996 13,931 19,402 - -
Vancouver 19,078 21,702 20,735 30,920 + -
Victoria 4,180 4,335 3,455 3,841 - -
Abbotsford–Mission 653 1,646 1,654 2,443 + -



Starts seasonally adjusted, annual rates.
*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.