US EditionCanada Builds Homes Faster in July, but Gaps Remain
Multi-unit housing starts rose 5% to 238,342 units in July, driven by the Prairie Provinces and Quebec, while single-detached starts declined 1%, Canada Mortgage and Housing Corporation reported.
- On Monday, the Canada Mortgage and Housing Corporation reported that total housing starts rose 4% from June to 294,085 units in July at a SAAR.
- Momentum in multi-unit projects in Prairie provinces and Quebec fueled growth, with CMHC noting July's rise reflected pre-planned projects reaching the ‘start’ stage.
- Monthly breakdown showed mixed results with single-detached starts fell 1 to 55,740 units, multi-family starts rose 5 to 238,342, and the six-month moving average of SAAR climbed 3.7 to 263,088 units in July.
- Among regions, Montreal led with a 212% jump as Toronto's starts fell 69% year-over-year in both multi-unit and single-detached projects.
- CMHC projects activity could slow later this year due to higher costs and tariffs, and July's pace still falls short of the 430,000–480,000 annual starts benchmark needed for affordability.
16 Articles
16 Articles
Canada builds homes faster in July, but gaps remain
In its July housing starts report published Monday, the Canada Mortgage and Housing Corporation says home building was four per cent faster than in June. If July’s level held for 12 months, that would equal about 294,085 homes a year. But it still falls short of the agency’s benchmark of 430,000 to 480,000 homes a year needed to restore pre-pandemic affordability.
Housing starts took off in Windsor last month
While the six-month trend in housing starts across Canada rose four per cent last month, in Windsor, they jumped 50 per cent.The Canada Housing and Mortgage Corporation released statistics for July on Monday morning.The seasonally adjusted annual rate for Windsor shows construction started on 366 single-detached homes and 2,448 multi-unit projects. That's up from 364 single-detached and 1,512 multi-unit housing starts in July 2024.The CMHC uses …
Housing starts for July 2025
OTTAWA, ON, Aug. 18, 2025 /CNW/ - The six-month trend in housing starts increased (3.7%) in July (263,088 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. Actual housing starts were up 4% year-over-year in centres with a population of 10,000 or greater, with 23,464 units recorded in Ju…
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