Infographic 1
Investment in residential building construction, March 2023

Infographic description

The title of the infographic is "Investment in residential building construction, March 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 decreased 2.1% in March compared to February 2023. Newfoundland and Labrador was down 3.2%, Prince Edward Island was up 36.0%, Nova Scotia was up 13.6%, New Brunswick was down 7.1%, Quebec was up 2.6%, Ontario was down 2.9%, Manitoba was down 4.3%, Saskatchewan was down 8.5%, Alberta was down 4.5%, British Columbia was down 4.9%, Yukon was up 29.6%, Northwest Territories was down 20.5%, Nunavut was down 62.9%.

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

Total investment for Canada was $14,584.3 million, total investment for Newfoundland and Labrador was $94.6 million, total investment for Prince Edward Island was $41.2 million, total investment for Nova Scotia was $452.4 million, total investment for New Brunswick was $203.9 million, total investment for Quebec was $2,859.2 million, total investment for Ontario was $6,295.9 million, total investment for Manitoba was $443.6 million, total investment for Saskatchewan was $221.9 million, total investment for Alberta was $1,414.4 million, total investment for British Columbia was $2,506.8 million, total investment for Yukon was $26.2 million, total investment for Northwest Territories was $21.0 million, total investment for Nunavut was $3.2 million.

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

Single homes: Market share was 33.3%, total investment totalled $1,793.2 million, representing a year-over-year decrease of 16.9% or $364.7 million.

Semi-detached homes: Market share was 2.6%, total investment totalled $138.2 million, representing a year-over-year decrease of 28.6% or $55.5 million.

Row homes: Market share was 11.5%, total investment totalled $621.2 million, representing a year-over-year increase of 8.8% or $50.1 million.

Condos and rental apartments: Market share was 52.5%, total investment totalled $2,826.6 million, representing a year-over-year decrease of 0.6% or $18.2 million.

Note: Single homes value excludes cottages and mobile homes.

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