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 June 2021, housing starts in Saskatchewan increased by 43.5 per cent, compared to June 2020.  Saskatchewan ranked fifth among the provinces in terms of the percentage change. The national average increased by 41.2 per cent.
  • In the first five months of 2021, housing starts have increased by 102.1 per cent, the second-highest among the provinces.

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: July 16, 2021 Next Update: August 17, 2021

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