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Homes under construction show the local pipeline

2026-08 · Actual month-end stock

Unit: homes
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Homes under construction show the local pipelineToronto and Vancouver still have large construction pipelines, despite weak new condominium starts. Unit: homes. Actual month-end stock. Use left and right arrow keys to inspect observations. The data table follows the chart.Homes under construction show the local pipelineToronto, OntarioVancouver, British ColumbiaMontréal, QuebecCalgary, Albertahomes020K40K60K80K100K120KAug 2021Aug 2022Aug 2023Aug 2024Aug 2025Aug 2026Homies Research, using CMHC / Statistics Canada Tables 34-10-0154-01 and 34-10-0155-01 · Through 2026-08Actual month-end stockHOMIES RESEARCH
Aug 2026Toronto, Ontario 91,584Vancouver, British Columbia 61,331Montréal, Quebec 34,664Calgary, Alberta 25,049

Toronto and Vancouver still have large construction pipelines, despite weak new condominium starts.

Source: Homies Research, using CMHC / Statistics Canada Tables 34-10-0154-01 and 34-10-0155-01. Reference: 2026-08. Released 2026-09-17. Retrieved 2026-09-28.

Actual month-end stock · CMA/CA boundaries differ from real-estate board boundaries. This includes current census centres only; do not compare these counts directly with all-Canada SAAR. Starts, completions and construction stock measure different stages. Selected CMAs use Table 34-10-0154-01; smaller-centre series use Table 34-10-0155-01 (linked in the source register).

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View accessible data table · 4 series, 61 observations

Showing the latest 12 observations.

Homes under construction show the local pipeline. Unit: homes. Actual month-end stock
PeriodToronto, OntarioVancouver, British ColumbiaMontréal, QuebecCalgary, Alberta
Sep 202591,93963,10231,63625,720
Oct 202589,25661,57732,70226,545
Nov 202589,71760,93433,71926,042
Dec 202590,56860,20933,62626,278
Jan 202691,45561,61333,85326,633
Feb 202689,12762,47132,93425,921
Mar 202688,71462,13033,54524,938
Apr 202690,55061,94534,41024,095
May 202691,38260,05935,83824,375
Jun 202692,21759,89635,69724,924
Jul 202692,74959,59534,80924,547
Aug 202691,58461,33134,66425,049

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