Housing starts for May 2025
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.
Follow us on X (formerly Twitter), YouTube, LinkedIn, Facebook and Instagram.
Related Links:
Housing starts for April 2025
2025 Housing Market Outlook
Condominium Apartment Market Risks in Toronto and Vancouver
Solving the housing crisis is a marathon not a sprint
High housing costs making it harder to move for jobs many are seeking
Canada's potential capacity for housing construction
Table 2
Housing Start Data in Centres 10,000 Population and OverJanuary - May 2024 - 2025
AreaSingle-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
Atlantic958
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
Prairies6,346
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
Canada14,812
15,206
3
75,109
75,561
1
89,921
90,767
1
Metropolitan AreasAbbotsford-Mission
71
58
-18
442
902
104
513
960
87
Barrie164
45
-73
89
121
36
253
166
-34
Belleville - Quinte West68
43
-37
83
165
99
151
208
38
Brantford87
104
20
13
933
##
100
1,037
##
Calgary2,624
2,969
13
6,588
9,443
43
9,212
12,412
35
Chilliwack58
54
-7
156
241
54
214
295
38
Drummondville55
91
65
176
337
91
231
428
85
Edmonton2,221
2,798
26
4,752
5,381
13
6,973
8,179
17
Fredericton63
46
-27
71
234
230
134
280
109
Greater/Grand Sudbury38
15
-61
24
74
208
62
89
44
Guelph18
8
-56
134
25
-81
152
33
-78
Halifax276
266
-4
2,455
2,555
4
2,731
2,821
3
Hamilton128
74
-42
882
691
-22
1,010
765
-24
Kamloops54
46
-15
104
110
6
158
156
-1
Kelowna118
105
-11
1,986
1,047
-47
2,104
1,152
-45
Kingston65
62
-5
59
218
269
124
280
126
Kitchener-Cambridge-Waterloo167
116
-31
889
1,055
19
1,056
1,171
11
Lethbridge89
124
39
168
180
7
257
304
18
London187
169
-10
1,328
251
-81
1,515
420
-72
Moncton64
66
3
797
809
2
861
875
2
Montréal397
468
18
6,014
9,495
58
6,411
9,963
55
Nanaimo66
33
-50
566
123
-78
632
156
-75
Oshawa190
105
-45
622
146
-77
812
251
-69
Ottawa-Gatineau
600
635
6
3,080
4,604
49
3,680
5,239
42
Gatineau129
97
-25
1,246
1,015
-19
1,375
1,112
-19
Ottawa471
538
14
1,834
3,589
96
2,305
4,127
79
Peterborough36
22
-39
16
3
-81
52
25
-52
Québec203
286
41
2,556
3,924
54
2,759
4,210
53
Red Deer27
48
78
242
197
-19
269
245
-9
Regina74
131
77
467
721
54
541
852
57
Saguenay87
84
-3
88
201
128
175
285
63
St. Catharines-Niagara328
160
-51
484
468
-3
812
628
-23
Saint John48
54
13
244
77
-68
292
131
-55
St. John's132
183
39
61
135
121
193
318
65
Saskatoon269
471
75
304
968
218
573
1,439
151
Sherbrooke106
91
-14
373
435
17
479
526
10
Thunder Bay14
14
-
32
31
-3
46
45
-2
Toronto1,465
1,105
-25
18,217
9,769
-46
19,682
10,874
-45
Trois-Rivières54
71
31
406
539
33
460
610
33
Vancouver757
754
0
11,754
8,938
-24
12,511
9,692
-23
Victoria121
83
-31
1,451
1,296
-11
1,572
1,379
-12
Windsor105
108
3
597
139
-77
702
247
-65
Winnipeg520
794
53
1,171
1,481
26
1,691
2,275
35
Total12,214
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 SurveyHousing 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 AreasAbbotsford-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 valueHousing Start Data - Seasonally Adjusted at Annual Rates (SAAR)Single-Detached
All Others
TotalApril 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
SOURCE Canada Mortgage and Housing Corporation (CMHC)
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/16/c7242.html
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
Instant View: Renault boss De Meo quits, with expected switch to Gucci-owner Kering
LONDON (Reuters) - News of Renault Chief Executive Luca de Meo's decision to leave the French carmaker and sources saying he is being lined up to take charge at luxury goods group Kering has created a stir across their respective sectors. Here's some initial reaction from analysts. EQUITA ANALYST PAOLA CARBON "Although he is a newcomer to the world of luxury, Pinault would have chosen De Meo for his change-oriented managerial style, for the combination of Italian origins but with experience already in a French group, for his good relationship with the financial community." UBS ANALYST ZUZANNA PUSZ "He is very well respected in the financial community. According to feedback from our autos colleagues, he is said to be a marketing- and product-driven executive, which seems applicable to luxury, despite having no prior experience in the industry. "The more cautious feedback centres around the potential downside risk to earnings and the associated balance sheet risk given Kering's high level of debt ... Additionally, some investors noted concern that (he) has no prior experience in the luxury industry, which could be seen as crucial to address the group's lack of top-line growth amid an unsupportive sector context." CITI ANALYST THOMAS CHAUVET "Execution of luxury brand turnarounds has become more complex, lengthy, costly and far less public market-friendly, reflecting consumer preference for top brands rather than those in transition. "We believe it's premature to adopt a more positive stance given the lack of visibility on Gucci's turnaround." JP MORGAN ANALYST JOSE ASUMENDI "Investors were this year focused on the announcement of Renault's mid-term plan. With the CEO stepping down, this will naturally provide a setback. "In terms of potential candidates for the CEO position, we see Renault has a strong bench across its different brand managers including Dacia, but also would envision potential external candidates." BERNSTEIN ANALYST LUCA SOLCA "Brand management and marketing are his forte, which dovetails with what the luxury industry does - for which he seems passionate. "Time will tell if he manages to hit the ground running and be effective in a different industry. De Meo acted decisively at Renault, reducing capacity and break-even points. "De Meo has a titanic challenge ahead of him. Critically, investors will need to hear what it is that De Meo plans to do and digest how soon his plans can be realised." KEPLER CHEUVREUX "Hiring someone from outside the luxury sector might be seen as risky, but his profile appears well suited to lead Kering. We would view positively the appointment of an outsider, and Luca de Meo could be the right profile to drive the turnaround. "His turnaround capabilities, product-focused leadership, and extensive marketing experience would be particularly valuable. "We see Denis Le Vot (head of Dacia) and other internal candidates as potential successors, as well as Maxime Picat, a French executive from Stellantis." JEFFERIES "His departure leaves Renault leaderless at a time when the group is due to communicate a new strategic plan and further unwind the Nissan alliance. "His departure may hurt early lobbying (joint with Stellantis) to revive an affordable small car segment in Europe. It will add to concerns about Renault's ability to be independent, the growing influence of Geely as minority investor (engines, Korea, Brazil) and renewed interference from the French state, now the largest core shareholder at 15%. "Recent changes at Stellantis may provide a pool of applicants." Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
"World Expo for Plastics": Düsseldorf Becomes the Hub of the Global Plastics Industry
DÜSSELDORF, Germany, June 16, 2025 /CNW/ -- On 8 October 2025, the global plastics and rubber industry will turn its attention to Düsseldorf as K 2025, the world's leading trade fair for the sector, opens its doors. Held every three years, the event attracts over 200,000 visitors from around 160 countries for eight days of innovation, business, and political dialogue. Executives, start-ups, NGOs, and government representatives regard the fair as a barometer for the current state and future direction of the global plastics economy. Circular Economy Despite Times of Crisis High energy costs, volatile raw material prices, and geopolitical tensions are currently placing significant strain on the European plastics industry. Still, K 2025 exhibitors will present innovations advancing the shift toward a circular economy, such as new recycling technologies, AI-driven production systems, and high-performance plastics made from bio-based materials. "K is like a World Expo for plastics," says Dr. Christine Bunte from Plastics Europe Deutschland, the association of plastics manufacturers. "It showcases the evolution of the European plastics industry and its growing importance for major sectors like packaging, automotive, electrical and electronics, healthcare, and construction. Our goal is to shift away from fossil resources toward a climate-neutral circular economy, and K 2025 will highlight many examples of how this transformation can be achieved." Special Exhibition: Plastics Shape the Future The special exhibition "Plastics Shape the Future", curated by Plastics Europe Deutschland and Trade Fair Düsseldorf, showcases a dynamic seven-day program covering innovation, competitiveness, policy frameworks and regulation, new technologies and trends, climate action, and the fight against microplastics. Formats range from science slams and start-up pitches to the "Women in Plastics" networking event, expert talks, panel discussions, keynote speeches, and guided tours. See full press release: - Picture is available at AP - Bettina DempewolfTelefon: +49(0)1719713962E-Mail: SOURCE PlasticsEurope Deutschland e.V. View original content: Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
England's top women's league to expand to 14 teams
The Women's Super League is to expand to 14 teams in the 2026/27 season (JUSTIN TALLIS) The English Women's Super League (WSL) is set expand to 14 teams from 12 for the start of the 2026/27 season after the proposal was voted through by clubs on Monday. The changes still require the approval of the English Football Association but are expected to pass with a promotion/relegation play-off as part of the shake up to the women's game. Advertisement Currently just one club is relegated and one promoted each season. Next season the top two from the second tier WSL2 will be automatically promoted. Additionally, third-place in the WSL2 will face the team that finishes bottom in the top tier in a play-off. From the 2026/27 campaign, the one automatic relegation and promotion place will return with a play-off between second bottom in the WSL and second top in the second tier. "Subject to the approval from the FA board, expanding the WSL to 14 teams will stimulate movement between leagues and through the pyramid which increases opportunities," said Nikki Doucet, chief executive of Women's Professional Leagues Limited. Advertisement "The introduction of a promotion/relegation play-off creates distinction for the women's game and introduces a high-profile, high-stakes match." Expansion is part of a 10-year plan to raise standards across the top two tiers of English women's football, focused on improved facilities, staffing and academies. According to financial experts Deloitte, collective revenues in the WSL rose 34 percent to £65 million ($88 million) in 2023/24 and are projected to reach £100 million in the upcoming season. However, Deloitte also found that average attendances across the league dipped by 10 percent last season to 6,642 as the surge in interest generated by England's Euro 2022 success faded. kca/pb
