Infographic 1
Investment in residential building construction, October 2023

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Infographic description

The title of the infographic is "Investment in residential building construction, October 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 3.9% in October compared with September 2023. Newfoundland and Labrador was down 6.1%, Prince Edward Island was up 1.7%, Nova Scotia was up 2.1%, New Brunswick was up 3.0%, Quebec was down 0.4%, Ontario was up 3.0%, Manitoba was up 16.2%, Saskatchewan was up 11.5%, Alberta was up 9.5%, British Columbia was up 3.6%, Yukon was down 9.2%, the Northwest Territories were down 18.8%, Nunavut was down 10.6%.

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

Total investment for Canada was $13,388.1 million, total investment for Newfoundland and Labrador was $76.1 million, total investment for Prince Edward Island was $74.0 million, total investment for Nova Scotia was $394.1 million, total investment for New Brunswick was $303.1 million, total investment for Quebec was $2,258.4 million, total investment for Ontario was $5,300.6 million, total investment for Manitoba was $474.8 million, total investment for Saskatchewan was $365.8 million, total investment for Alberta was $1,880.3 million, total investment for British Columbia was $2,239.7 million, total investment for Yukon was $15.9 million, total investment for the Northwest Territories was $3.3 million, total investment for Nunavut was $2.0 million.

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

Single homes: Market share was 35.8%, total investment totalled $2,633.6 million, representing a year-over-year decrease of 21.3% or $712.8 million.

Semi-detached homes: Market share was 2.9%, total investment totalled $212.2 million, representing a year-over-year decrease of 8.0% or $18.5 million.

Row homes: Market share was 10.7%, total investment totalled $784.2 million, representing a year-over-year decrease of 4.0% or $33.0 million.

Condos and rental apartments: Market share was 50.6%, total investment totalled $3,723.6 million, representing a year-over-year increase of 4.6% or $163.6 million.

Note(s): Single homes value excludes cottages and mobile homes.

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

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