Infographic 1
Investment in residential building construction, April 2023

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Infographic description

The title of the infographic is "Investment in residential building construction, April 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 0.7% in April compared with March 2023. Newfoundland and Labrador was up 4.5%, Prince Edward Island was up 24.8%, Nova Scotia was up 15.6%, New Brunswick was up 1.5%, Quebec was down 3.5%, Ontario was down 1.9%, Manitoba was up 0.6%, Saskatchewan was up 13.5%, Alberta was down 4.1%, British Columbia was up 1.0%, Yukon was up 50.9%, Northwest Territories was up 28.7%, Nunavut was down 40.2%.

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

Total investment for Canada was $14,371.1 million, total investment for Newfoundland and Labrador was $98.4 million, total investment for Prince Edward Island was $51.3 million, total investment for Nova Scotia was $548.1 million, total investment for New Brunswick was $211.1 million, total investment for Quebec was $2,688.4 million, total investment for Ontario was $6,133.4 million, total investment for Manitoba was $447.1 million, total investment for Saskatchewan was $243.0 million, total investment for Alberta was $1,341.7 million, total investment for British Columbia was $2,538.7 million, total investment for Yukon was $40.0 million, total investment for Northwest Territories was $28.1 million, total investment for Nunavut was $1.8 million.

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

Single homes: Market share was 33.7% and total investment totalled $1,833.3 million, representing a year-over-year decrease of 24.7% or $600 million.

Semi-detached homes: Market share was 2.7% and total investment totalled $145.6 million, representing a year-over-year decrease of 32.9% or $71.4 million.

Row homes: Market share was 11.0% and total investment totalled $598.1 million, representing a year-over-year decrease of 1.2% or $7.4 million.

Condos and rental apartments: Market share was 52.7% and total investment totalled $2,869.3 million, representing a year-over-year increase of 0.7% or $20.0 million.

Note: Single homes value excludes cottages and mobile homes.

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

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