Infographic 1
Investment in residential building construction, June 2023

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Infographic description

The title of the infographic is "Investment in residential building construction, June 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 4.5% in June compared with May 2023. Newfoundland and Labrador was down 23.7%, Prince Edward Island was up 7.1%, Nova Scotia was down 5.1%, New Brunswick was up 5.2%, Quebec was down 8.0%, Ontario was down 5.8%, Manitoba was down 8.8%, Saskatchewan was up 2.8%, Alberta was up 3.5%, British Columbia was down 3.2%, Yukon was down 11.4%, Northwest Territories was down 38.2%, Nunavut was up 45.6%.

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

Total investment for Canada was $12,139.7 million, total investment for Newfoundland and Labrador was $69.4 million, total investment for Prince Edward Island was $50.9 million, total investment for Nova Scotia was $402.2 million, total investment for New Brunswick was $244.3 million, total investment for Quebec was $1,987.5 million, total investment for Ontario was $5,055.8 million, total investment for Manitoba was $351.0 million, total investment for Saskatchewan was $242.0 million, total investment for Alberta was $1,464.3 million, total investment for British Columbia was $2,233.1 million, total investment for Yukon was $25.3 million, total investment for Northwest Territories was $7.6 million, total investment for Nunavut was $6.2 million.

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

Single homes: Market share was 39.2% and total investment totalled $2,342.2 million, representing a year-over-year decrease of 32.1% or $1105.0 million.

Semi-detached homes: Market share was 3.2% and total investment totalled $189.8 million, representing a year-over-year decrease of 26.3% or $67.6 million.

Row homes: Market share was 11.7% and total investment totalled $701.8 million, representing a year-over-year decrease of 12.7% or $102.4 million.

Condos and rental apartments: Market share was 45.9% and total investment totalled $2,741.8 million, representing a year-over-year decrease of 17.1% or $564.6 million.

Note: Single homes value excludes cottages and mobile homes.

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

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