Housing starts for May 2025 Français

Cision Canada

14 hours ago

OTTAWA, ON, June 16, 2025 /CNW/ - The six-month trend in housing starts was flat (0.8%) in May (243,407 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 was also flat (-0.2%) in May (279,510 units) compared to April (280,181 units).
Actual housing starts were up 9% year-over-year in centres with a population of 10,000 or greater, with 23,745 units recorded in May, compared to 21,814 units in May 2024. The year-to-date total was 90,767 up 1% from the same period in 2024.
"Growth in actual starts activity in May was once again driven by increases of single-detached homes and purpose-built rentals in Québec and the Prairie provinces. By contrast, weak condominium market conditions in Toronto and Vancouver have contributed to significant declines in overall housing starts in these regions, in line with our recent analysis on these markets,'' said Tania Bourassa-Ochoa, CMHC's Deputy Chief Economist.
Key Facts:
New housing starts revisions data: In Q3 2024, revisions totaled a net positive 87 units on an original total housing starts of 58,439 units. In Q4 2024, housing starts revisions totaled a net positive 17 units on an original total housing starts of 58,934 units. Housing starts revisions cover all urban centres of 10,000 population or more, reported at the Census Subdivision level on a quarterly basis.
The monthly SAAR for Canada's centres with a population of 10,000 or greater was flat in May (259,804 units) compared to April (259,916 units).
The rural starts monthly SAAR estimate was 19,706 units.
Among Canada's big three cities, Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Vancouver recorded a 10% decrease in starts this month, driven primarily by lower multi-unit starts. A decrease in multi-unit starts also drove the 22% year-over-year decrease in Toronto's housing starts compared to May 2024.
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 eleventh business day each month. We will release the June housing starts data on July 15 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.
Table 2
Housing Start Data in Centres 10,000 Population and Over
January - May 2024 - 2025
Area
Single-Detached
All Others
Total
Province
2024
2025
%
2024
2025
%
2024
2025
%
N.L.
158
195
23
67
139
107
225
334
48
P.E.I.
66
97
47
414
393
-5
480
490
2
N.S.
514
427
-17
2,685
2,752
2
3,199
3,179
-1
N.B.
220
209
-5
1,262
1,167
-8
1,482
1,376
-7
Atlantic
958
928
-3
4,428
4,451
1
5,386
5,379
0
Que.
1,520
1,639
8
12,664
19,633
55
14,184
21,272
50
Ont.
4,358
3,308
-24
26,332
18,524
-30
30,690
21,832
-29
Man.
613
883
44
1,241
1,641
32
1,854
2,524
36
Sask.
370
639
73
775
1,750
126
1,145
2,389
109
Alta.
5,363
6,376
19
12,355
16,136
31
17,718
22,512
27
Prairies
6,346
7,898
24
14,371
19,527
36
20,717
27,425
32
B.C.
1,630
1,433
-12
17,314
13,426
-22
18,944
14,859
-22
Canada
14,812
15,206
3
75,109
75,561
1
89,921
90,767
1
Metropolitan Areas
Abbotsford-Mission
71
58
-18
442
902
104
513
960
87
Barrie
164
45
-73
89
121
36
253
166
-34
Belleville - Quinte West
68
43
-37
83
165
99
151
208
38
Brantford
87
104
20
13
933
##
100
1,037
##
Calgary
2,624
2,969
13
6,588
9,443
43
9,212
12,412
35
Chilliwack
58
54
-7
156
241
54
214
295
38
Drummondville
55
91
65
176
337
91
231
428
85
Edmonton
2,221
2,798
26
4,752
5,381
13
6,973
8,179
17
Fredericton
63
46
-27
71
234
230
134
280
109
Greater/Grand Sudbury
38
15
-61
24
74
208
62
89
44
Guelph
18
8
-56
134
25
-81
152
33
-78
Halifax
276
266
-4
2,455
2,555
4
2,731
2,821
3
Hamilton
128
74
-42
882
691
-22
1,010
765
-24
Kamloops
54
46
-15
104
110
6
158
156
-1
Kelowna
118
105
-11
1,986
1,047
-47
2,104
1,152
-45
Kingston
65
62
-5
59
218
269
124
280
126
Kitchener-Cambridge-Waterloo
167
116
-31
889
1,055
19
1,056
1,171
11
Lethbridge
89
124
39
168
180
7
257
304
18
London
187
169
-10
1,328
251
-81
1,515
420
-72
Moncton
64
66
3
797
809
2
861
875
2
Montréal
397
468
18
6,014
9,495
58
6,411
9,963
55
Nanaimo
66
33
-50
566
123
-78
632
156
-75
Oshawa
190
105
-45
622
146
-77
812
251
-69
Ottawa-Gatineau
600
635
6
3,080
4,604
49
3,680
5,239
42
Gatineau
129
97
-25
1,246
1,015
-19
1,375
1,112
-19
Ottawa
471
538
14
1,834
3,589
96
2,305
4,127
79
Peterborough
36
22
-39
16
3
-81
52
25
-52
Québec
203
286
41
2,556
3,924
54
2,759
4,210
53
Red Deer
27
48
78
242
197
-19
269
245
-9
Regina
74
131
77
467
721
54
541
852
57
Saguenay
87
84
-3
88
201
128
175
285
63
St. Catharines-Niagara
328
160
-51
484
468
-3
812
628
-23
Saint John
48
54
13
244
77
-68
292
131
-55
St. John's
132
183
39
61
135
121
193
318
65
Saskatoon
269
471
75
304
968
218
573
1,439
151
Sherbrooke
106
91
-14
373
435
17
479
526
10
Thunder Bay
14
14
-
32
31
-3
46
45
-2
Toronto
1,465
1,105
-25
18,217
9,769
-46
19,682
10,874
-45
Trois-Rivières
54
71
31
406
539
33
460
610
33
Vancouver
757
754
0
11,754
8,938
-24
12,511
9,692
-23
Victoria
121
83
-31
1,451
1,296
-11
1,572
1,379
-12
Windsor
105
108
3
597
139
-77
702
247
-65
Winnipeg
520
794
53
1,171
1,481
26
1,691
2,275
35
Total
12,214
12,959
6
69,941
68,462
-2
82,155
81,421
-1
1Data 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
Housing Start Data in Centres 10,000 Population and Over
Single-Detached
All Others
Total
May 2024
May 2025
%
May 2024
May 2025
%
May 2024
May 2025
%
Provinces (10,000+)
N.-L.
52
68
31
14
33
136
66
101
53
P.E.I.
34
30
-12
100
8
-92
134
38
-72
N.S.
116
103
-11
546
580
6
662
683
3
N.B.
104
92
-12
534
439
-18
638
531
-17
Atlantic
306
293
-4
1,194
1,060
-11
1,500
1,353
-10
Qc
470
478
2
4,328
6,244
44
4,798
6,722
40
Ont.
1,165
901
-23
6,091
4,816
-21
7,256
5,717
-21
Man.
134
193
44
94
512
445
228
705
##
Sask.
113
185
64
39
280
##
152
465
##
Alta.
1,328
1,503
13
2,820
4,260
51
4,148
5,763
39
Prairies
1,575
1,881
19
2,953
5,052
71
4,528
6,933
53
B.C.
396
336
-15
3,336
2,684
-20
3,732
3,020
-19
Canada (10,000+)
3,912
3,889
-1
17,902
19,856
11
21,814
23,745
9
Metropolitan Areas
Abbotsford-Mission
16
18
13
125
45
-64
141
63
-55
Barrie
27
24
-11
60
23
-62
87
47
-46
Belleville - Quinte West
18
11
-39
4
0
###
22
11
-50
Brantford
26
16
-38
0
353
##
26
369
##
Calgary
617
641
4
1,379
2,398
74
1,996
3,039
52
Chilliwack
13
16
23
13
4
-69
26
20
-23
Drummondville
13
19
46
61
83
36
74
102
38
Edmonton
577
706
22
1,253
1,517
21
1,830
2,223
21
Fredericton
32
21
-34
64
109
70
96
130
35
Greater/Grand Sudbury
6
7
17
22
69
214
28
76
##
Guelph
8
1
-88
0
18
##
8
19
##
Halifax
60
56
-7
466
488
5
526
544
3
Hamilton
21
19
-10
429
66
-85
450
85
-81
Kamloops
21
5
-76
87
4
-95
108
9
-92
Kelowna
32
33
3
1,020
379
-63
1,052
412
-61
Kingston
10
15
50
20
2
-90
30
17
-43
Kitchener-Cambridge-Waterloo
37
20
-46
30
37
23
67
57
-15
Lethbridge
39
42
8
19
38
100
58
80
38
London
58
27
-53
99
26
-74
157
53
-66
Moncton
28
36
29
367
262
-29
395
298
-25
Montréal
143
121
-15
2,259
2,556
13
2,402
2,677
11
Nanaimo
15
4
-73
12
18
50
27
22
-19
Oshawa
87
41
-53
82
44
-46
169
85
-50
Ottawa-Gatineau
194
113
-42
1,344
933
-31
1,538
1,046
-32
Gatineau
44
30
-32
776
389
-50
820
419
-49
Ottawa
150
83
-45
568
544
-4
718
627
-13
Peterborough
7
4
-43
2
0
###
9
4
-56
Québec
54
93
72
587
1,952
233
641
2,045
##
Red Deer
7
8
14
5
180
##
12
188
##
Regina
21
32
52
17
28
65
38
60
58
Saguenay
25
26
4
11
50
355
36
76
##
St. Catharines-Niagara
117
60
-49
186
78
-58
303
138
-54
Saint John
23
20
-13
26
50
92
49
70
43
St. John's
43
62
44
11
30
173
54
92
70
Saskatoon
86
145
69
22
249
##
108
394
##
Sherbrooke
32
21
-34
90
55
-39
122
76
-38
Thunder Bay
11
9
-18
2
11
450
13
20
54
Toronto
290
310
7
4,190
3,202
-24
4,480
3,512
-22
Trois-Rivières
29
21
-28
129
313
143
158
334
##
Vancouver
182
180
-1
1,789
1,593
-11
1,971
1,773
-10
Victoria
28
14
-50
122
362
197
150
376
##
Windsor
31
33
6
86
31
-64
117
64
-45
Winnipeg
106
174
64
81
499
##
187
673
##
Total
3,190
3,224
1
16,571
18,155
10
19,761
21,379
8
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
April 2025
May 2025
%
April 2025
May 2025
%
April 2025
May 2025
%
Provinces (10,000+)
N.L.
808
773
-4
703
367
-48
1,511
1,140
-25
P.E.I.
314
230
-27
1,656
96
-94
1,970
326
-83
N.S.
1,435
1,407
-2
10,771
6,916
-36
12,206
8,323
-32
N.B.
811
980
21
1,592
5,031
216
2,403
6,011
150
Qc
4,706
4,538
-4
46,937
56,759
21
51,643
61,297
19
Ont.
10,275
10,066
-2
54,112
56,115
4
64,387
66,181
3
Man.
2,789
2,332
-16
2,712
6,144
127
5,501
8,476
54
Sask.
1,699
1,960
15
5,760
3,360
-42
7,459
5,320
-29
Alta.
18,208
16,575
-9
43,503
50,511
16
61,711
67,086
9
B.C.
3,595
3,657
2
47,530
31,987
-33
51,125
35,644
-30
Canada (10,000+)
44,640
42,518
-5
215,276
217,286
1
259,916
259,804
0
Canada (All Areas)
58,609
55,161
-6
221,572
224,350
1
280,181
279,510
0
Metropolitan Areas
Abbotsford-Mission
51
138
##
2,424
540
-78
2,475
678
-73
Barrie
47
269
##
408
276
-32
455
545
20
Belleville - Quinte West
157
97
-38
0
0
-
157
97
-38
Brantford
384
0
##
3,228
4,236
31
3,612
4,236
17
Calgary
9,215
7,185
-22
27,372
28,776
5
36,587
35,961
-2
Chilliwack
70
181
##
70
48
-31
1,522
229
-85
Drummondville
261
210
-20
684
996
46
945
1,206
28
Edmonton
7,275
7,385
2
15,084
18,204
21
22,359
25,589
14
Fredericton
221
242
10
0
1,308
##
221
1,550
##
Greater/Grand Sudbury
56
87
55
0
828
##
56
915
##
Guelph
51
2
-96
72
216
200
123
218
77
Halifax
698
797
14
10,320
5,856
-43
11,018
6,653
-40
Hamilton
359
217
-40
2,148
792
-63
2,507
1,009
-60
Kamloops
55
46
-16
48
48
-
103
94
-9
Kelowna
232
366
58
2,124
4,548
114
2,356
4,914
109
Kingston
233
226
-3
396
24
-94
629
250
-60
Kitchener-Cambridge-Waterloo
343
238
-31
2,748
444
-84
3,091
682
-78
Lethbridge
280
496
77
240
456
90
520
952
83
London
646
276
-57
360
312
-13
1,006
588
-42
Moncton
229
290
27
1,512
3,144
108
1,741
3,434
97
Montréal
1,311
1,241
-5
21,593
30,375
41
22,904
31,616
38
Nanaimo
84
41
-51
216
216
-
300
257
-14
Oshawa
387
356
-8
420
528
26
807
884
10
Ottawa-Gatineau
2,117
1,155
-45
16,968
11,196
-34
19,085
12,351
-35
Gatineau
369
341
-8
1,476
4,668
216
1,845
5,009
171
Ottawa
1,748
814
-53
15,492
6,528
-58
17,240
7,342
-57
Peterborough
15
74
##
0
0
-
15
74
393
Québec
659
952
44
7,452
23,424
214
8,111
24,376
201
Red Deer
147
95
-35
0
2,160
##
147
2,255
##
Regina
278
390
40
3,144
336
-89
3,422
726
-79
Saguenay
284
249
-12
156
600
285
440
849
93
St. Catharines-Niagara
286
407
42
672
936
39
958
1,343
40
Saint John
168
196
17
12
600
##
180
796
342
St. John's
721
663
-8
648
360
-44
1,369
1,023
-25
Saskatoon
1,231
1,462
19
2,580
2,988
16
3,811
4,450
17
Sherbrooke
357
225
-37
1,944
660
-66
2,301
885
-62
Thunder Bay
108
108
-
0
132
##
108
240
122
Toronto
3,565
4,478
26
24,492
38,424
57
28,057
42,902
53
Trois-Rivières
188
141
-25
804
3,756
367
992
3,897
293
Vancouver
1,838
1,978
8
34,968
19,116
-45
36,806
21,094
-43
Victoria
211
170
-19
4,452
4,344
-2
4,663
4,514
-3
Windsor
352
404
15
420
372
-11
772
776
1
Winnipeg
2,527
2,026
-20
2,388
5,988
151
4,915
8,014
63
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