Infographic 1
Investment in residential building construction, September 2023

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Infographic description

The title of the infographic is "Investment in residential building construction, September 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 7.3% in September compared to August 2023. Newfoundland and Labrador was up 10.2%, Prince Edward Island was down 10.8%, Nova Scotia was up 0.2%, New Brunswick was up 22.5%, Quebec was up 9.1%, Ontario was up 6.7%, Manitoba was up 33.6%, Saskatchewan was up 24.6%, Alberta was up 10.6%, British Columbia was down 0.8%, Yukon was up 7.5%, Northwest Territories was down 28.6%, Nunavut was down 35.1%.

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

Total investment for Canada was $12,900.0 million, total investment for Newfoundland and Labrador was $86.1 million, total investment for Prince Edward Island was $72.5 million, total investment for Nova Scotia was $387.0 million, total investment for New Brunswick was $294.3 million, total investment for Quebec was $2,303.4 million, total investment for Ontario was $5,146.1 million, total investment for Manitoba was $406.6 million, total investment for Saskatchewan was $325.8 million, total investment for Alberta was $1,710.3 million, total investment for British Columbia was $2,143.7 million, total investment for Yukon was $17.7 million, total investment for Northwest Territories was $4.2 million, total investment for Nunavut was $2.3 million.

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

Single homes: Market share was 36.1%, total investment totalled $2,591.8 million, representing a year-over-year decrease of 26.3% or $926.7 million.

Semi-detached homes: Market share was 2.9%, total investment totalled $210.2 million, representing a year-over-year decrease of 10.8% or $25.4 million.

Row homes: Market share was 10.8%, total investment totalled $778.9 million, representing a year-over-year decrease of 6.3% or $52.5 million.

Condos and rental apartments: Market share was 50.1%, total investment totalled $3,600.6 million, representing a year-over-year decrease of 0.2% or $5.4 million.

Note: Single homes value excludes cottages and mobile homes.

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

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