Skip to content

capex · Frozen publication data

What gets built: rental up, condos gone

Canada · housing starts by intended market, 12-month total, 2000–Sept 2026

Unit: starts (12-month total)
Compare series or markets · 3 selected
What gets built: rental up, condos goneIn the 12 months to September, rental starts (120,388) outnumbered condo starts (38,307) by more than three to one. In 2015 condos led two to one. Unit: starts (12-month total). Rolling 12-month sum of monthly starts (NSA), centres 10,000+. Use left and right arrow keys to inspect observations. The data table follows the chart.What gets built: rental up, condos gonePurpose-built rentalCondoHomeowner (freehold)starts (12-month total)025K50K75K100K125KJan 2000May 2005Sep 2010Jan 2016May 2021Sep 2026Homies Research, using CMHC Starts and Completions Survey via Statistics Canada · Through 2026-09Rolling 12-month sum of monthly starts (NSA), centres 10,000+HOMIES RESEARCH
Sep 2026Purpose-built rental 120,388Condo 38,307Homeowner (freehold) 54,508

In the 12 months to September, rental starts (120,388) outnumbered condo starts (38,307) by more than three to one. In 2015 condos led two to one.

Source: Homies Research, using CMHC Starts and Completions Survey via Statistics Canada. Reference: 2026-09. Released 2026-10-15. Retrieved 2026-10-27.

Rolling 12-month sum of monthly starts (NSA), centres 10,000+ · Intended market at start; some condo projects convert to rental later.

CSVChart permalink ↗
View accessible data table · 3 series, 321 observations

Showing the latest 12 observations.

What gets built: rental up, condos gone. Unit: starts (12-month total). Rolling 12-month sum of monthly starts (NSA), centres 10,000+
PeriodPurpose-built rentalCondoHomeowner (freehold)
Oct 2025108,67351,53359,346
Nov 2025111,35749,44358,526
Dec 2025113,20352,03458,328
Jan 2026113,50051,99658,066
Feb 2026115,02852,22657,632
Mar 2026117,13551,63756,895
Apr 2026120,08349,36955,988
May 2026121,37146,92455,651
Jun 2026120,97945,24355,004
Jul 2026119,60242,44754,756
Aug 2026121,00040,48154,863
Sep 2026120,38838,30754,508

Homies Research × Real Estate Magazine · Read the October 2026 Market Call ↗