Housing starts and construction data for July 2026

Housing starts in Canada showed a flat six-month trend in July, with a slight 0.5% decrease to 247,377 units. Monthly starts fell 19% year-over-year in urban centers, with a 5% decrease in total seasonally adjusted annual rate. Units under construction remained steady, while completions rose 8.1%. Major cities saw mixed results: Montreal increased starts by 3%, Vancouver dropped 42%, and Toronto declined 10%. New project starts are slowing, but ongoing construction supports supply.