Canadian housing starts increased 11 per cent from the previous month, totaling 282,439 units in December at a seasonally adjusted annual rate (SAAR).Starts were up 21 per cent from the same month last year (SAAR). In areas with 10,000 or more residents, single-detached housing starts decreased by 14 per cent year-over-year, while multi-family and other starts increased by 35 per cent compared to December 2024.
In areas of British Columbia with 10,000 or more residents, starts were up by about 2 per cent from last December to 39,189 units (SAAR). In these urban areas, single-detached starts increased by 4 per cent, while multi-family starts rose by 1 per cent year-over-year. In 2025, year-over-year starts were up by 80 per cent in Abbotsford and 16 per cent in Victoria, but down by 56 per cent in Nanaimo, 31 per cent in Kelowna, and 3 per cent in Vancouver.


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