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Housing Starts

January 2017

Vancouver CMA Housing Starts

40,000

35,000 33,548

30,000
27,756
25,000

20,000

15,000

10,000

5,000

0
Dec-15 Dec-16 Dec-17

Housing Starts Trend Line (6-month moving average) Housing Starts, SAAR*

Preliminary Housing Start Data


December 2017
Vancouver CMA1 Victoria CMA Housing Starts
November 2017 December 2017
2
Trend 26,136 27,756
10,000
SAAR 30,992 33,548
9,000 December 2016 December 2017
Actual
8,000
December - Single-detached 284 402
7,000 December - Multiples 1,870 2,306
6,000 December - Total 2,154 2,708
January to December - Single-detached 5,169 4,9115,300
5,000
January to December - Multiples 22,745 21,293
4,000 January to December - Total 27,914 26,204
3,000
Source: CMHC 2,683
1
Census Metropolitan Area
2,000
2
The trend is a six-month moving average of the monthly seasonally adjusted annual rates
(SAAR). By removing seasonal ups and downs, seasonal adjustment allows for comparison of
1,000
adjacent months and quarters. The monthly and quarterly SAAR and trend figures indicate the
0 level of starts that would be obtained if the same pace of monthly or quarterly
annual
construction activity was maintained for 12 months. This facilitates comparison of the current
Dec-15 Dec-16
pace of activity to annual forecasts as well as to historical annual levels.
Dec-17
Data for 2016 based on 2011 Census Definitions.
Data for 2017 based on 2016 Census Definitions.
Housing Starts
Detailed data Trendupon
available Line (6-month moving average)
request Housing Starts, SAAR*
5,000

0
Dec-15 Dec-16 Dec-17

Housing Starts Trend Line (6-month moving average) Housing Starts, SAAR*

Victoria CMA Housing Starts

10,000
9,000
8,000
7,000
6,000
5,000 5,300
4,000
3,000 2,683
2,000
1,000
0
Dec-15 Dec-16 Dec-17

Housing Starts Trend Line (6-month moving average) Housing Starts, SAAR*

Preliminary Housing Start Data


December 2017
Victoria CMA1 November 2017 December 2017
2
Trend 5,374 5,300
SAAR 2,180 2,683
December 2016 December 2017
Actual
December - Single-detached 67 70
December - Multiples 79 134
December - Total 146 204
January to December - Single-detached 910 896
January to December - Multiples 2,023 2,966
January to December - Total 2,933 3,862
Source: CMHC
1
Census Metropolitan Area
2
The trend is a six-month moving average of the monthly seasonally adjusted annual rates
(SAAR). By removing seasonal ups and downs, seasonal adjustment allows for comparison of
adjacent months and quarters. The monthly and quarterly SAAR and trend figures indicate the
annual level of starts that would be obtained if the same pace of monthly or quarterly
construction activity was maintained for 12 months. This facilitates comparison of the current
pace of activity to annual forecasts as well as to historical annual levels.
Data for 2016 based on 2011 Census Definitions.
Data for 2017 based on 2016 Census Definitions.
Detailed data available upon request
Kelowna CMA Housing Starts

7,000

6,000

5,000

4,000
3,335
3,000 3,058

2,000

1,000

0
Dec-15 Dec-16 Dec-17

Housing Starts Trend Line (6-month moving average) Housing Starts, SAAR*

Mises en chantier d'habitations - RMR de Vancouver


Preliminary Housing Start Data
December 2017
40,000
Kelowna CMA1 November 2017 December 2017
35,000
Trend 2 3,253 3,33533,548
SAAR 2,594 3,058
30,000
December 2016 December 2017 27,756
Actual
25,000
December - Single-detached 81 84
20,000 December - Multiples 235 177
December - Total 316 261
15,000
January to December - Single-detached 785 923

10,000 January to December - Multiples 1,411 2,654


January to December - Total 2,196 3,577
5,000
Source: CMHC
1
Census Metropolitan Area
2
0
The trend is a six-month moving average of the monthly seasonally adjusted annual rates
Dec-15
(SAAR). By removing seasonal ups and downs, Dec-16 Dec-17
seasonal adjustment allows for comparison of
adjacent months and quarters. The monthly and quarterly SAAR and trend figures indicate the
annual level of starts that would be obtained if the same pace of monthly or quarterly
Ligne de tendance (moyenne mobile de six mois)
construction activity was maintained for 12 months. This facilitates comparison of the current
pace of activity to annual forecasts as well as to historical annual levels.
Nombre désaisonnalisé annualisé de mises en chantier d'habitations
Data for 2016 based on 2011 Census Definitions.
Data for 2017 based on 2016 Census Definitions.
Detailed data available upon request
British Columbia Preliminary Actual Housing Starts Data
December / 2016 - 2017
Urban Centres Singles Multiples Total
2016 2017 2016 2017 2016 2017
Urban Centres 100,000+ Abbotsford-Mission CMA/RMR 39 26 27 13 66 39
Kelowna CMA/RMR 81 84 235 177 316 261
Vancouver CMA/RMR 284 402 1,870 2,306 2,154 2,708
Victoria CMA/RMR 67 70 79 134 146 204

Urban Centres 50,000-99,999 Chilliwack CA/AR 34 47 72 82 106 129


Courtenay CA/AR 13 21 -- 3 13 24
Kamloops CA/AR 18 24 11 155 29 179
Nanaimo CA/AR 43 32 57 60 100 92
Prince George CA/AR 9 12 3 11 12 23
Vernon CA/AR 15 23 2 82 17 105
Urban Centres 10,000+ Total Urban Starts 696 843 2,476 3,169 3,172 4,012

Urban starts include an estimate for the areas 10,000-49,999 for the first two months of the quarter and
are subject to revision(s) after quarterly enumeration in the last month of the quarter.
Data for 2016 based on 2011 Census Definitions.
Data for 2017 based on 2016 Census Definitions.

British Columbia Preliminary Actual Housing Starts Data


January to December / 2016 - 2017
Urban Centres Singles Multiples Total
2016 2017 2016 2017 2016 2017
Urban Centres 100,000+ Abbotsford-Mission CMA/RMR 469 416 667 1,294 1,136 1,710
Kelowna CMA/RMR 785 923 1,411 2,654 2,196 3,577
Vancouver CMA/RMR 5,169 4,911 22,745 21,293 27,914 26,204
Victoria CMA/RMR 910 896 2,023 2,966 2,933 3,862

Urban Centres 50,000-99,999 Chilliwack CA/AR 404 644 365 389 769 1,033
Courtenay CA/AR 258 244 119 49 377 293
Kamloops CA/AR 259 328 438 330 697 658
Nanaimo CA/AR 433 425 445 566 878 991
Prince George CA/AR 182 190 131 82 313 272
Vernon CA/AR 164 211 161 187 325 398
Urban Centres 10,000+ Total Urban Starts 10,225 10,455 29,273 30,736 39,498 41,191

Urban starts include an estimate for the areas 10,000-49,999 for the first two months of the quarter and
are subject to revision(s) after quarterly enumeration in the last month of the quarter.
Data for 2016 based on 2011 Census Definitions.
Data for 2017 based on 2016 Census Definitions.
Vancouver CMA Preliminary Actual Housing Starts Data
December / 2016 - 2017
Singles Multiples Total
2016 2017 2016 2017 2016 2017
Anmore VL -- -- -- -- -- --
Belcarra VL 2 1 -- -- 2 1
Bowen Island IM 5 -- 2 -- 7 --
Burnaby CY 34 25 748 34 782 59
Coquitlam CY 15 27 15 331 30 358
Delta DM 15 21 25 20 40 41
First Nations / Premières nations -- -- -- 26 -- 26
Greater Vancouver A RDA 1 1 176 -- 177 1
Langley CY 4 1 -- 36 4 37
Langley DM 35 20 106 92 141 112
Lions Bay VL -- -- -- -- -- --
Maple Ridge CY 19 21 74 74 93 95
New Westminster CY 2 2 6 8 8 10
North Vancouver CY 5 2 7 4 12 6
North Vancouver DM -- 6 -- 5 -- 11
Pitt Meadows CY -- -- -- -- -- --
Port Coquitlam CY 2 1 3 1 5 2
Port Moody CY 3 1 -- 1 3 2
Richmond CY 30 61 144 547 174 608
Surrey CY 63 94 351 380 414 474
Vancouver CY 44 108 212 741 256 849
West Vancouver DM 4 5 -- 3 4 8
White Rock CY 1 5 1 3 2 8
CMA Total 284 402 1,870 2,306 2,154 2,708

Data for 2016 based on 2011 Census Definitions.


Data for 2017 based on 2016 Census Definitions.
Vancouver CMA Preliminary Actual Housing Starts Data
January to December / 2016 - 2017
Singles Multiples Total
2016 2017 2016 2017 2016 2017
Anmore VL 24 31 -- -- 24 31
Belcarra VL 3 2 -- -- 3 2
Bowen Island IM 26 30 3 15 29 45
Burnaby CY 357 312 3,815 3,861 4,172 4,173
Coquitlam CY 342 260 1,283 1,870 1,625 2,130
Delta DM 146 223 336 344 482 567
First Nations / Premières nations 33 16 3 26 36 42
Greater Vancouver A RDA 3 10 212 450 215 460
Langley CY 10 17 22 138 32 155
Langley DM 406 389 977 1,539 1,383 1,928
Lions Bay VL -- 3 -- -- -- 3
Maple Ridge CY 406 322 420 394 826 716
New Westminster CY 70 98 1,165 1,299 1,235 1,397
North Vancouver CY 68 73 811 254 879 327
North Vancouver DM 135 172 681 106 816 278
Pitt Meadows CY 16 17 2 88 18 105
Port Coquitlam CY 34 46 185 439 219 485
Port Moody CY 32 26 11 16 43 42
Richmond CY 474 488 1,741 1,582 2,215 2,070
Surrey CY 1,063 1,062 2,408 4,318 3,471 5,380
Vancouver CY 1,280 1,116 8,479 4,501 9,759 5,617
West Vancouver DM 189 131 65 6 254 137
White Rock CY 52 67 126 47 178 114
CMA Total 5,169 4,911 22,745 21,293 27,914 26,204

Data for 2016 based on 2011 Census Definitions.


Data for 2017 based on 2016 Census Definitions.
Victoria CMA Preliminary Actual Housing Starts Data
December / 2016 - 2017
Singles Multiples Total
2016 2017 2016 2017 2016 2017
Central Saanich DM -- 2 18 -- 18 2
Colwood CY 1 12 27 2 28 14
Esquimalt DM 1 1 -- -- 1 1
First Nations / Premières nations 3 -- -- -- 3 --
Highlands DM 2 2 -- -- 2 2
Juan de Fuca (Part 1) (RDA) 5 6 -- 1 5 7
Langford CY 23 17 12 19 35 36
Metchosin DM -- -- -- -- -- --
North Saanich DM 3 4 2 1 5 5
Oak Bay DM 3 1 -- -- 3 1
Saanich DM 9 6 4 6 13 12
Sidney T -- 2 8 15 8 17
Sooke DM 12 5 5 3 17 8
Victoria CY 2 2 3 38 5 40
View Royal T 3 10 -- 49 3 59
CMA Total 67 70 79 134 146 204

Data for 2016 based on 2011 Census Definitions.


Data for 2017 based on 2016 Census Definitions.

Victoria CMA Preliminary Actual Housing Starts Data


January to December / 2016 - 2017
Singles Multiples Total
2016 2017 2016 2017 2016 2017
Central Saanich DM 24 15 35 17 59 32
Colwood CY 92 115 56 145 148 260
Esquimalt DM 5 13 6 44 11 57
First Nations / Premières nations 14 11 -- 80 14 91
Highlands DM 39 10 -- -- 39 10
Juan de Fuca (Part 1) (RDA) 26 40 1 3 27 43
Langford CY 303 250 555 713 858 963
Metchosin DM 3 11 -- 2 3 13
North Saanich DM 40 83 12 52 52 135
Oak Bay DM 41 40 -- 2 41 42
Saanich DM 123 121 326 504 449 625
Sidney T 52 29 50 143 102 172
Sooke DM 102 97 49 63 151 160
Victoria CY 36 31 909 948 945 979
View Royal T 10 30 24 250 34 280
CMA Total 910 896 2,023 2,966 2,933 3,862

Data for 2016 based on 2011 Census Definitions.


Data for 2017 based on 2016 Census Definitions.

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