Canadian housing starts decreased 6% in March to 235,852 units, compared to February’s total of 250,961 units.
According to Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 10% year-over-year in localities with a population of 10,000 or greater, with 16,398 units recorded last month compared to 14,935 units in March 2025.
“March housing starts data point to a continued loss of momentum in housing construction, broadly in line with CMHC’s housing market outlook,” said Mathieu Laberge, CMHC’s chief economist and senior vice president of housing insights. “While actual starts increased compared to a year ago, this largely reflects the exceptionally low level of construction activity in the first quarter of last year.”
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