The national trend in housing starts increased in June, primarily due to higher trending row and apartment starts, in urban areas. The strong surge in the SAAR of apartment starts in April is also contributing to the high level of the trend measure of total housing starts in June.
The trend in housing starts was 205,838 units in June 2019, compared to 200,530 units in May 2019, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
The standalone monthly SAAR of housing starts for all areas in Canada was 245,657 units in June, up 26% from 196,809 units in May. The SAAR of urban starts increased by 26% in June to 234,238 units. Multiple urban starts increased by 31% to 185,804 units in June while single-detached urban starts increased by 8% to 48,434 units.
Rural starts were estimated at a seasonally adjusted annual rate of 11,419 units.