Infographic 1
Investment in residential building construction, July 2023

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Infographic description

The title of the infographic is "Investment in residential building construction, July 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 4.1% compared with June 2023. Newfoundland and Labrador was down 12.9%, Prince Edward Island was up 54.2%, Nova Scotia was down 2.4%, New Brunswick was down 6.8%, Quebec was down 4.2%, Ontario was down 6.6%, Manitoba was down 12.3%, Saskatchewan was down 0.8%, Alberta was up 1.8%, British Columbia was down 2.6%, Yukon was down 25.5%, the Northwest Territories was down 13.8%, Nunavut was up 11.9%.

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

Total investment for Canada was $11,545.3 million, total investment for Newfoundland and Labrador was $59.1 million, total investment for Prince Edward Island was $82.2 million, total investment for Nova Scotia was $391.7 million, total investment for New Brunswick was $223.7 million, total investment for Quebec was $1,906.4 million, total investment for Ontario was $4,674.8 million, total investment for Manitoba was $297.1 million, total investment for Saskatchewan was $239.7 million, total investment for Alberta was $1,479.9 million, total investment for British Columbia was $2,160.8 million, total investment for Yukon was $17.9 million, total investment for the Northwest Territories was $6.4 million, total investment for Nunavut was $5.7 million.

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

Single homes: Market share was 38.7%, total investment totalled $2,450.6 million, representing a year-over-year decrease of 33.1% or $1,213.0 million.

Semi-detached homes: Market share was 3.1%, total investment totalled $195.0 million, representing a year-over-year decrease of 20.2% or $49.3 million.

Row homes: Market share was 12.1%, total investment totalled $763.7 million, representing a year-over-year decrease of 8.9% or $75.0 million.

Condos and rental apartments: Market share was 46.1%, total investment totalled $2,920.2 million, representing a year-over-year decrease of 16.8% or $591.4 million.

Note: Single homes value excludes cottages and mobile homes.

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

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