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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 June 2019, urban housing starts in Saskatchewan increased by 2.1 per cent, compared to June 2018.  Saskatchewan ranked eighth among the provinces in terms of percentage change.
  • In June 2019, construction starts on single family dwellings decreased by 12.7 per cent (from 134 units to 117 units), and multiple units increased by 21.6 per cent (from 102 units to 124 units), compared to June 2018.
  • In the first six months of 2019, urban housing starts in Saskatchewan decreased by 42 per cent, compared to the same period in 2018.  Saskatchewan ranked ninth among the provinces in percentage change.

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 11, 2019

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