Infographic 1
Investment in residential building construction, January 2023

Infographic description

The title of the infographic is "Investment in residential building construction, January 2023"

The infographic includes multiple components, such as a map, tables, pictographs and images.

The text on the infographic, as well as the pie chart and map data, is as follows:

Figure 1: Month-to-month change in residential construction investment (seasonally adjusted).

This is a map of Canada by province and territory, showing the month-to-month percentage changes for investment in residential construction. Green arrows represent an increase, while red arrows represent a decrease.

Investment in residential construction for Canada increased 1.9% compared with December 2022. Newfoundland and Labrador was up 7.8%, Prince Edward Island was down 10.7%, Nova Scotia was up 4.7%, New Brunswick was up 0.9%, Quebec was down 1.8%, Ontario was up 5.0%, Manitoba was up 0.7%, Saskatchewan was down 1.5%, Alberta was down 1.0%, British Columbia was up 1.1%, Yukon was up 5.2%, Northwest Territories was down 7.6%, Nunavut was down 0.8%.

Table 1: Total investment, millions of dollars (seasonally adjusted).

Total investment for Canada was $14,857.6 million, total investment for Newfoundland and Labrador was $106.3 million, total investment for Prince Edward Island was $33.9 million, total investment for Nova Scotia was $338.7 million, total investment for New Brunswick was $235.8 million, total investment for Quebec was $2,819.9 million, total investment for Ontario was $6,149.4 million, total investment for Manitoba was $468.9 million, total investment for Saskatchewan was $280.7 million, total investment for Alberta was $1,614.6 million, total investment for British Columbia was $2,739.0 million, total investment for Yukon was $22.2 million, total investment for Northwest Territories was $33.8 million, total investment for Nunavut was $14.5 million.

Figure 2: Investment in new residential construction, market share and year-over-year change (not seasonally adjusted).

Single homes: Market share was 37.2%, total investment totalled $2,337.8 million, representing a year-over-year decrease of 8.2% or $209.9 million.

Semi-detached homes: Market share was 2.8%, total investment totalled $175.7 million, representing a year-over-year decrease of 11.3% or $22.3 million.

Row homes: Market share was 10.0%, total investment totalled $625.5 million, representing a year-over-year increase of 8.4% or $48.6 million.

Condos and rental apartments: Market share was 50.1%, total investment totalled $3,145.7 million, representing a year-over-year increase of 4.2% or $128.0 million.

Note: Single homes value excludes cottages and mobile homes.

Source: Table 34-10-0175-01–Investment in Building Construction.