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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 September 2019, housing starts in Saskatchewan increased by 20.4 per cent, compared to September 2018.  Saskatchewan ranked fifth among the provinces in terms of the percentage change. National average increased by 14.4 per cent.
  • In September 2019, construction starts on single-family dwellings decreased by 40.3 per cent (from 129 units to 77 units), and multiple units increased by 82.5 per cent (from 126 units to 230 units), compared to September 2018.
  • In the first nine months of 2019, housing starts in Saskatchewan decreased by 31.6 per cent compared to the same period in 2018.  Saskatchewan ranked ninth among the provinces in percentage change. The national average increased by 1.7 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: October 08, 2019 Next Update: November 08, 2019

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