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Housing Starts

Housing starts are a measure of the number of new housing builds where construction has begun. Changes in the number of housing starts can show fluctuations in the demand for homes and the outlook for the construction industry. Buying a home also creates a number of consumption opportunities for the buyer, and therefore influences other industries such as retail sales, finance, and manufacturing.

Adapted from Statistics Canada, Table 34-10-0143-01 (Source: CMHC, housing starts, under construction and completions in centres 10,000 and over). This does not constitute an endorsement by Statistics Canada of this product.

Highlights

  • In February 2024, housing starts in Saskatchewan decreased by 52.2 per cent, compared to February 2023. Saskatchewan ranked nineth among the provinces in terms of percentage change. Nationally, housing starts increased by 10.6 per cent.

For more information on Statistics Canada's release, click here.

Visit Economic Development Regina or SREDA for Regina or Saskatoon-specific economic information. 

 

Adapted from Statistics Canada, Table 34-10-0143-01 (Source: CMHC, housing starts, under construction and completions in centres 10,000 and over). This does not constitute an endorsement by Statistics Canada of this product.

Adapted from Statistics Canada, Table 34-10-0143-01 (Source: CMHC, housing starts, under construction and completions in centres 10,000 and over). This does not constitute an endorsement by Statistics Canada of this product.

Released: March 18, 2024

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