US EditionCanadian Housing Starts Rise 5.6% in 2025 as December Beats ...
Rental housing led a 5.6% rise in Canadian housing starts to 259,028 units in 2025, the fifth highest annual total on record, Canada Mortgage and Housing Corp. said.
- On Jan. 16, 2026, Canada Mortgage and Housing Corp. reported housing starts in 2025 rose 5.6%, totaling 259,028 units, up from 245,367 a year earlier.
- CMHC said the rise was largely supported by new rental housing and most construction momentum occurred in spring and summer, Mathieu Laberge, CMHC chief economist, said last year.
- December's seasonally adjusted annualized rate rose 11% to 282,439 units, while actual starts in centres with a population of 10,000 or greater reached 20,716, up from 16,531 in December 2024.
- The annual level was the fifth highest on record, though economists had expected starts to reach 260,000 while the short-term momentum indicator showed a December decline of 0.1%.
- Rural starts' annual pace was estimated at 12,271 units in December, while the six-month moving average eased to 264,428 from 264,716, CMHC says.
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Winnipeg Free Press
CMHC says housing starts totalled 259,028 in 2025, up 5.6 per cent from 2024
Breaking News, Sports, Manitoba, Canada
CMHC says housing starts rose 5.6% in 2025 but still 'far from the target' =
Housing starts in Canada rose 5.6 per cent in 2025, boosted by new rental housing construction, but the figure was still far short of what the Canada Mortgage and Housing Corp. says is needed to make housing more affordable. Mathieu Laberge, CMHC's chief economist and senior vice-president of housing insights for the agency, says any additional supply is welcome, but that the year-over-year increase in 2025 was "far from the target." The nation…
Housing starts up 5.6% last year, but slowdown anticipated for 2026
Canada Mortgage and Housing Corp. (CMHC) says housing starts in 2025 rose 5.6 per cent compared with 2024, largely on the back of new rental housing. The federal housing agency says starts totalled 259,028 last year, up from 245,367 a year earlier. Canada’s six largest Census Metropolitan Areas (CMAs) saw a combined 3.9 per cent year-over-year increase driven by record annual starts in Calgary and Edmonton, Montréal, and Ottawa-Gatineau. These r…
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