The monthly Metropolitan housing starts publication provides the recent trends in housing starts for 29 metropolitan areas and expectations for starts over both the short and long term.
Document Highlights
There were six census metropolitan areas (CMAs) with positive short- and long-term expectations (the up–up quandrant) in December. In the previous two months, Kingston was the only CMA in this quadrant.
Most markets are still cooling from a busy 2020 and 2021, however. The number of CMAs with negative short- and long-term expectations continues to outnumber the up–up quadrant.
The CMAs with the biggest year-over-year percentage decrease in housing starts in December were Oshawa, Ottawa–Gatineau, Moncton, Saguenay, and Montréal.

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