en.Wedoany.com Reported - The Canada Mortgage and Housing Corporation (CMHC) reported that the seasonally adjusted annual rate of housing starts in March 2026 was 235,852 units, down 6% from 250,961 units in February.

The agency also reported that the six-month moving average of the seasonally adjusted annual rate for March stood at 248,378 units, lower than the 255,874 units recorded a month earlier. Mathieu Laberge, Chief Economist at CMHC, stated that the March data indicates a continued weakening momentum in housing construction activity, which is broadly in line with the agency's housing market outlook.

In urban centers with a population of 10,000 or more, the actual total number of housing starts in March was 16,398 units, higher than the 14,935 units recorded in March 2025. In March, the estimated seasonally adjusted annual rate of rural starts was 11,846 units.

As Canada's national housing agency, CMHC tracks trends in residential construction activity across the country through monthly housing starts data. The broad decline in March housing starts data reflects a period of adjustment in the country's residential construction sector following previous high-level operations.

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