Infographic 1
Investment in residential building construction, November 2023

Infographic description

The title of the infographic is "Investment in residential building construction, November 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 2.2% compared to October 2023. Newfoundland and Labrador was down 9.5%, Prince Edward Island was down 0.2%, Nova Scotia was up 10.4%, New Brunswick was down 8.6%, Quebec was up 1.0%, Ontario was up 4.1%, Manitoba was down 11.3%, Saskatchewan was down 13.2%, Alberta was up 4.4%, British Columbia was up 2.3%, Yukon was up 81.7%, Northwest Territories was up 10.6%, Nunavut was up 11.6%.

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

Total investment for Canada was $13,726.6 million, total investment for Newfoundland and Labrador was $66.9 million, total investment for Prince Edward Island was $73.8 million, total investment for Nova Scotia was $440.4 million, total investment for New Brunswick was $273.5 million, total investment for Quebec was $2,297.6 million, total investment for Ontario was $5,542.1 million, total investment for Manitoba was $410.4 million, total investment for Saskatchewan was $316.6 million, total investment for Alberta was $1,975.3 million, total investment for British Columbia was $2,295.5 million, total investment for Yukon was $28.7 million, total investment for Northwest Territories was $3.7 million, total investment for Nunavut was $2.1 million.

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

Single homes: Market share was 34.0%, total investment totalled $2,409.9 million, representing a year-over-year decrease of 18.1% or $533.7 million.

Semi-detached homes: Market share was 2.8%, total investment totalled $197.3 million, representing a year-over-year decrease of 7.1% or $15.1 million.

Row homes: Market share was 10.8%, total investment totalled $768.0 million, representing a year-over-year decrease of 1.8% or $13.8 million.

Condo and rental apartments: Market share was 52.5%, total investment totalled $3,723.1 million, representing a year-over-year increase of 6.8% or $237.5 million.

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

Source(s): Table 34-10-0286-01 – Investment in Building Construction.