The Toronto skyline in Canada

Canada Housing January 2021

Canada: Housing starts surge in January

Housing starts rose to 282,428 units on a seasonally-adjusted annualized rate (SAAR) basis in January—the highest level since September 2007—according to the Canada Mortgage and Housing Corporation (CMHC), up from December’s 229,350-unit reading. January’s improvement was driven by a sharp rise in both multiple-detached and single-unit urban starts in the month.

Moreover, the six-month average of housing starts in urban areas increased from 238,747 units in December to 244,963 units in January.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest