OTTAWA, ON, Oct. 16, 2025 (CNW Group via COMTEX) --
 The six-month trend in housing starts increased (4.1%) in September (277,147 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada.
Actual housing starts were up 19% year-over-year in centres with a population of 10,000 or greater, with 22,375 units recorded in September, compared to 18,806 units in September 2024. The year-to-date total was 178,033, up 5% from the same period in 2024.
The total monthly SAAR of housing starts for all areas in Canada was up 14% in September (279,234 units) compared to August (244,543 units).
"The six-month trend in housing starts was pushed higher in September, driven by significantly higher monthly starts in Ontario, Québec, and the Prairie provinces. Notably, Montréal and Toronto were responsible for more than a quarter of the total monthly starts nationally, primarily due to increased rental apartments starts. While these results indicate some resilience, it is worth noting that current housing starts levels are generally reflective of decisions made months or even years ago when investor confidence was higher than it is today," said Tania Bourassa-Ochoa, CMHC's Deputy Chief Economist.
Key Facts:
Housing starts facilitate the analysis of monthly, quarterly, and year-over-year activity in the new home market. The data CMHC collects as part of the Starts and Completions and Market Absorption surveys helps us obtain a clearer picture of upcoming new housing supply and is used as part of our various housing reports.
CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada's housing finance system. CMHC's mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. CMHC research and data help inform housing policy. By facilitating co-operation between all levels of government, private and non-profit sectors, CMHC contributes to advancing housing affordability, equity, and climate compatibility. CMHC actively supports the Government of Canada in delivering on its commitment to make housing more affordable.
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SOURCE Canada Mortgage and Housing Corporation (CMHC)
SOURCE: Canada Mortgage and Housing Corporation (CMHC)
Information on this release: To request an interview with a CMHC economist, contact:
Media Relations, CMHC, media@cmhc-schl.gc.ca
COMTEX_469561238/2197/2025-10-16T08:15:00
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