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CMHC reports annual pace of housing starts down in May compared with April
CMHC said the annual pace fell to 261,377 units as completions rose 10.6% and approved-but-not-started projects declined.
- Canada Mortgage and Housing Corp. reported housing starts fell 6% in May, with the seasonally adjusted annual rate reaching 261,377 units, down from 278,380 units in April.
- Despite the monthly decline, the six-month moving average for May edged up 0.5% to 258,010 units compared with 256,646 in April, signaling underlying resilience.
- Construction activity in centres with populations of 50,000 or more rose 0.9% to 374,662 units, while housing completions increased 10.6% compared with April to 16,880 units.
- Approved building permits not yet started fell 2.4% month-over-month to 138,842 units in May; rural starts were estimated at 14,357 units for the same period.
- The Canadian Press published these housing findings on Jun 15, 2026, providing the latest snapshot of residential construction trends across Canada's housing market.
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On Monday, Canada Mortgage and Housing Corporation (CMHC) reported that construction activity fell 6.0% in May compared to April.
·Montreal, Canada
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May Housing Starts Fall
BRITISH COLUMBIA – Canadian housing starts decreased 6 per cent from the previous month, totaling 261,377 units in May at a seasonally adjusted annual rate (SAAR). Starts were down 6 per cent from the same month last year (SAAR). In areas with 10,000 or more residents, single-detached housing starts were largely unchanged year-over-year, while multi-family and other starts decreased by 6 per cent compared to May 2025 In British Columbia, starts …
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Coverage Details
Total News Sources12
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
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