Housing starts for January 2025
OTTAWA, ON, Feb. 17, 2025 /CNW/ - The six-month trend in housing starts declined 2.5% in January to 236,892 units, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.
The total monthly SAAR of housing starts for all areas in Canada increased 3% in January (239,739 units) compared to December (232,492 units).
Actual housing starts were up 7% year-over-year in centres with a population of 10,000 or greater, with 15,930 units recorded in January 2025, compared to 14,883 in January 2024.
Quote:
'Both the monthly SAAR and actual housing starts increased in Canada's urban centres in January. This was primarily driven by an 8% increase in multi-unit starts, particularly purpose-built rentals concentrated in Quebec and British Columbia. While these increases show early signs of progress to begin the year, foreign trade risks add significant uncertainty for housing construction going forward,' said Tania Bourassa-Ochoa, CMHC's Deputy Chief Economist. 'In our recently released Housing Market Outlook, CMHC projected housing starts to slow down from 2025 to 2027, mainly due to decreases in condominium apartment starts.'
Key Facts:
The monthly SAAR for Canada's centres with a population of 10,000 or greater also increased 3% in January (220,643 units) compared to December (215,052 units).
The rural starts monthly SAAR estimate was 19,096 units.
Among Canada's three largest cities, Montreal posted a 112% year-over-year increase in actual housing starts in January while Vancouver recorded a 37% increase, both driven by higher multi-unit starts. Starts in Toronto fell 41% from January 2024, driven by decreases in multi-unit starts.
Monthly Housing Starts and Other Construction Data are accessible in English and French on our website and the CMHC Housing Market Information Portal.
Housing starts data is available on the 11th business day each month. February housing starts data will be released on March 17 at 8:15 AM ET.
CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and to obtain a clearer picture of upcoming new housing supply. In some situations, analyzing only SAAR data can be misleading, as the multi-unit segment largely drives the market and can vary significantly from one month to the next.
Read about our definitions and methodology to better understand the foundations of the Starts and Completions and Market Absorption surveys.
Housing starts facilitate the analysis of monthly, quarterly, and year-over-year activity in the new home market. The data we collect as part of our Starts and Completions and Market Absorption surveys helps us obtain a clearer picture of upcoming new housing supply and is used as part of our various housing reports.
CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada's housing finance system. Our mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. We actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility.
Housing Start Data in Centres 10,000 Population and Over
Single-Detached
All Others
Total
January 2024
January 2025
%
January 2024
January 2025
%
January 2024
January 2025
%
Provinces (10,000+)
N.-L.
38
33
-13
36
23
-36
74
56
-24
P.E.I.
17
11
-35
67
188
181
84
199
##
N.S.
104
114
10
351
516
47
455
630
38
N.B.
28
30
7
215
48
-78
243
78
-68
Atlantic
187
188
1
669
775
16
856
963
13
Qc
237
256
8
2,347
3,749
60
2,584
4,005
55
Ont.
661
495
-25
5,073
3,575
-30
5,734
4,070
-29
Man.
110
145
32
191
251
31
301
396
32
Sask.
60
59
-2
157
139
-11
217
198
-9
Alta.
815
979
20
2,114
2,220
5
2,929
3,199
9
Prairies
985
1,183
20
2,462
2,610
6
3,447
3,793
10
B.C.
260
264
2
2,002
2,835
42
2,262
3,099
37
Canada (10,000+)
2,330
2,386
2
12,553
13,544
8
14,883
15,930
7
Metropolitan Areas
Abbotsford-Mission
16
10
-38
78
280
259
94
290
##
Barrie
20
3
-85
8
18
125
28
21
-25
Belleville - Quinte West
7
6
-14
0
0
-
7
6
-14
Brantford
13
11
-15
0
242
##
13
253
##
Calgary
487
552
13
1,464
1,077
-26
1,951
1,629
-17
Chilliwack
8
10
25
1
4
300
9
14
56
Drummondville
4
10
##
1
18
##
5
28
##
Edmonton
242
332
37
441
879
99
683
1,211
77
Fredericton
8
10
25
7
2
-71
15
12
-20
Greater/Grand Sudbury
0
2
##
2
0
###
2
2
-
Guelph
2
1
-50
0
1
##
2
2
-
Halifax
51
60
18
289
451
56
340
511
50
Hamilton
47
13
-72
204
17
-92
251
30
-88
Kamloops
1
11
##
1
8
##
2
19
##
Kelowna
11
17
55
107
343
221
118
360
##
Kingston
9
4
-56
2
166
##
11
170
##
Kitchener-Cambridge-Waterloo
14
17
21
167
179
7
181
196
8
Lethbridge
15
22
47
88
103
17
103
125
21
London
27
32
19
155
22
-86
182
54
-70
Moncton
5
8
60
95
8
-92
100
16
-84
Montréal
63
101
60
1,134
2,439
115
1,197
2,540
##
Nanaimo
27
4
-85
177
0
###
204
4
-98
Oshawa
17
6
-65
312
0
###
329
6
-98
Ottawa-Gatineau
93
103
11
308
685
122
401
788
97
Gatineau
11
12
9
181
310
71
192
322
68
Ottawa
82
91
11
127
375
195
209
466
##
Peterborough
5
6
20
0
0
-
5
6
20
Québec
25
38
52
538
488
-9
563
526
-7
Red Deer
5
16
##
6
12
100
11
28
##
Regina
5
7
40
110
96
-13
115
103
-10
Saguenay
24
9
-63
18
48
167
42
57
36
St. Catharines-Niagara
57
28
-51
38
83
118
95
111
17
Saint John
9
7
-22
90
26
-71
99
33
-67
St. John's
34
30
-12
36
22
-39
70
52
-26
Saskatoon
51
49
-4
46
41
-11
97
90
-7
Sherbrooke
17
8
-53
67
53
-21
84
61
-27
Thunder Bay
0
3
##
6
14
133
6
17
##
Toronto
281
219
-22
3,724
2,149
-42
4,005
2,368
-41
Trois-Rivières
9
11
22
88
40
-55
97
51
-47
Vancouver
121
141
17
1,342
1,866
39
1,463
2,007
37
Victoria
11
15
36
171
90
-47
182
105
-42
Windsor
11
13
18
196
31
-84
207
44
-79
Winnipeg
99
133
34
171
236
38
270
369
37
Total
1,951
2,078
7
11,688
12,237
5
13,639
14,315
5
Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions.
Source: CMHC Starts and Completion Survey, Market Absorption Survey
## not calculable / extreme value
Housing Start Data - Seasonally Adjusted at Annual Rates (SAAR)
Single-Detached
All Others
Total
December 2024
January 2025
%
December 2024
January 2025
%
December 2024
January 2025
%
Provinces (10,000+)
N.L.
633
707
12
566
274
-52
1,199
981
-18
P.E.I.
294
267
-9
984
2,256
129
1,278
2,523
97
N.S.
1,700
1,872
10
3,743
6,316
69
5,443
8,188
50
N.B.
806
964
20
4,022
785
-80
4,828
1,749
-64
Qc
5,854
5,961
2
35,910
52,399
46
41,764
58,360
40
Ont.
12,448
9,426
-24
50,988
47,571
-7
63,436
56,997
-10
Man.
1,656
2,081
26
3,228
3,012
-7
4,884
5,093
4
Sask.
1,508
1,289
-15
1,848
1,668
-10
3,356
2,957
-12
Alta.
16,208
16,918
4
27,197
27,901
3
43,405
44,819
3
B.C.
4,354
4,898
12
41,105
34,078
-17
45,459
38,976
-14
Canada (10,000+)
45,461
44,383
-2
169,591
176,260
4
215,052
220,643
3
Canada (All Areas)
57,284
57,299
0
175,207
182,443
4
232,492
239,739
3
Metropolitan Areas
Abbotsford-Mission
187
193
3
1,404
3,360
139
1,591
3,553
123
Barrie
521
73
-86
6,576
216
-97
7,097
289
-96
Belleville - Quinte West
280
186
-34
60
0
###
340
186
-45
Brantford
117
198
69
24
2,904
##
141
3,102
##
Calgary
6,486
8,444
30
14,436
12,924
-10
20,922
21,368
2
Chilliwack
146
152
4
146
48
-67
1,178
200
-83
Drummondville
244
262
7
624
216
-65
868
478
-45
Edmonton
7,656
7,781
2
10,524
10,548
0
18,180
18,329
1
Fredericton
294
305
4
48
24
-50
342
329
-4
Greater/Grand Sudbury
127
104
-18
420
0
###
547
104
-81
Guelph
96
21
-78
132
12
-91
228
33
-86
Halifax
749
1,030
38
3,000
5,412
80
3,749
6,442
72
Hamilton
423
220
-48
5,436
204
-96
5,859
424
-93
Kamloops
59
153
##
24
96
300
83
249
200
Kelowna
135
396
##
36
4,116
##
171
4,512
##
Kingston
278
166
-40
5,412
1,992
-63
5,690
2,158
-62
Kitchener-Cambridge-Waterloo
349
428
23
7,632
2,148
-72
7,981
2,576
-68
Lethbridge
269
375
39
48
1,236
##
317
1,611
408
London
630
624
-1
4,944
264
-95
5,574
888
-84
Moncton
283
412
46
3,252
96
-97
3,535
508
-86
Montréal
1,297
1,478
14
12,311
29,880
143
13,608
31,358
130
Nanaimo
111
66
-41
648
0
###
759
66
-91
Oshawa
458
193
-58
48
0
###
506
193
-62
Ottawa-Gatineau
2,691
2,358
-12
7,476
8,220
10
10,167
10,578
4
Gatineau
512
265
-48
2,184
3,720
70
2,696
3,985
48
Ottawa
2,179
2,093
-4
5,292
4,500
-15
7,471
6,593
-12
Peterborough
59
164
##
0
0
-
59
164
178
Québec
230
781
##
1,740
5,856
237
1,970
6,637
237
Red Deer
76
208
##
60
144
140
136
352
159
Regina
243
208
-14
984
1,152
17
1,227
1,360
11
Saguenay
561
425
-24
1,224
576
-53
1,785
1,001
-44
St. Catharines-Niagara
384
475
24
288
996
246
672
1,471
119
Saint John
181
217
20
564
312
-45
745
529
-29
St. John's
436
478
10
348
264
-24
784
742
-5
Saskatoon
1,275
1,013
-21
864
492
-43
2,139
1,505
-30
Sherbrooke
450
129
-71
1,332
636
-52
1,782
765
-57
Thunder Bay
157
105
-33
0
168
##
157
273
74
Toronto
4,066
3,341
-18
7,824
25,788
230
11,890
29,129
145
Trois-Rivières
181
154
-15
1,536
480
-69
1,717
634
-63
Vancouver
2,239
2,596
16
26,808
22,392
-16
29,047
24,988
-14
Victoria
393
299
-24
5,772
1,080
-81
6,165
1,379
-78
Windsor
649
286
-56
684
372
-46
1,333
658
-51
Winnipeg
1,494
1,792
20
1,944
2,832
46
3,438
4,624
34
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INTOUCH INSIGHT LTD. ANNOUNCES A DEFINITIVE AGREEMENT TO ACQUIRE THE ASSETS OF CLEARPOINT SOLUTIONS US, LLC BASED IN ATLANTA, GEORGIA
OTTAWA, ON, June 16, 2025 /CNW/ - Intouch Insight Ltd. (Intouch or the Company) (TSXV: INX) (OTCQX: INXSF) announced today that it has entered into a definitive agreement, for an initial cash payment of USD $250,000, to acquire all assets of ClearPoint Solutions US, LLC (ClearPoint), a merchandising company specializing in in-store services such as merchandising and re-branding since 2022. The definitive agreement was executed today. Subject to customary closing conditions, the acquisition is expected to close on July 3, 2025. "This acquisition represents an exciting opportunity to accelerate and de-risk our continued expansion into the merchandising market," stated Cameron Watt, President & Chief Executive Officer of Intouch. "ClearPoint has successfully navigated its formative years and, with the right strategic direction and support, is primed for substantial growth. Led by Sam Hersey, who brings over 25 years of extensive experience in the retail industry, we're thrilled to welcome both a robust team and established revenue streams that will enhance our merchandising business." The acquisition's purchase price combines an initial cash payment of USD $250,000 upon closing with contingent payments based on a share of future operating profits in the merchandising business over a four-year period post-closing. The initial cash outlay will be covered by Intouch's existing cash reserves. ClearPoint is at arm's length to Intouch, and no finder's fees will be paid by Intouch. Following the closing, ClearPoint President Sam Hersey will continue with Intouch in his leadership role in the merchandising business. "My decision to sell the assets of ClearPoint was thoughtful and deliberate. I am confident the synergies with Intouch will enable the merchandising business to achieve accelerated growth and establish an expanded presence in the market," commented Sam Hersey, Founder & President of ClearPoint. "Intouch's existing infrastructure and shared industry focus provide an immediate platform, allowing the ClearPoint team to concentrate fully on client acquisition and satisfaction." Watt further emphasized, "This acquisition is a direct alignment with our strategic goal of renewing our presence in the merchandising market, creating a new avenue for growth in our services revenues. It also immediately provides us with an established customer base and a skilled field execution team, mitigating the risks typically associated with building a division from the ground up." About Intouch InsightIntouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America's most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit Certain statements included in this news release contain forward looking statements that are made of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events, including the acquisition, future revenues and references to the Company's expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Intouch Insight Ltd. View original content:
