Metropolitan Housing Starts: May 2021

Metropolitan Housing Starts: May 2021

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis
8 min read

Author: 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.

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Document Highlights

There are 11 census metropolitan areas (CMAs) with positive short- and long-term expectations this month, the same number as last month. These are the CMAs in the up-up quadrant.

Only two CMAs have negative short-term expectations. Vancouver is the only one with both negative short- and long-term expectations.

The CMAs with the biggest year-over-year percentage decrease in April housing starts were Toronto, Victoria, Saskatoon, Regina, and Edmonton.

Montréal had the largest year-over-year percentage increase in starts last month.

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