- Prior month 239.7K (revised higher from 235.9K)
- Canada housing starts surged 17% in April to a seasonally adjusted annualized rate of 279,317 units, up from 239,747 in March.
- The sharp monthly increase highlights the volatility in housing starts data and why month-to-month changes should be interpreted cautiously.
- Rural housing starts were estimated at a seasonally adjusted annual rate of 13,694 units.
The 6 month trends showed:
- The trend in Canadian housing starts rose 3.2% in April to 256,777 units.
- The trend measure reflects a 6-month moving average of the monthly seasonally adjusted annual rate (SAAR) of total housing starts across Canada.
- Actual housing starts fell 1% year-over-year in centres with populations over 10,000, with 21,805 units started in April 2026 versus 21,938 in April 2025.
- Toronto housing starts jumped 34% year-over-year, driven primarily by stronger multi-unit construction.
- Vancouver housing starts declined 30% year-over-year due to weaker multi-unit and single-detached construction.
- Montréal housing starts increased 21% year-over-year, supported by stronger multi-unit starts.
This article was written by Greg Michalowski at investinglive.com.
