Canadian housing starts in September rose by 3 per cent from the previous month, totaling 248,896 units at a seasonally adjusted annual rate (SAAR). Starts were down 11 per cent from the same month last year (SAAR). In areas with 10,000 or more residents, single-detached housing starts were down 6 per cent year-over-year, while multi-family and other starts decreased by 12 per cent compared to September 2025
In British Columbia, starts rose by 16 per cent from last month to 53,365 units (SAAR) in all areas of the province. In areas of the province with 10,000 or more residents, single-detached starts fell by 1 per cent, while multi-family starts rose by 18 per cent. Starts in the province were 43 per cent above September 2025 levels. Year-to-date starts are up 68 per cent in Nanaimo, but down 49 per cent in Abbotsford, down 32 per cent in Kelowna, down 21 per cent in Victoria, and down 3 per cent in Vancouver.
"Copyright British Columbia Real Estate Association. Reprinted with permission."
