Infographic 1
Investment in residential building construction, April 2024

Infographic description

The title of the infographic is "Investment in residential building construction, April 2024"

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 pointing upward represent an increase, while red arrows pointing downward represent a decrease.

Investment in residential construction for Canada decreased 2.7% compared to March 2024. Newfoundland and Labrador was down 9.1%, Prince Edward Island was down 25.5%, Nova Scotia was up 2.0%, New Brunswick was down 10.7%, Quebec was down 1.2%, Ontario was down 2.2%, Manitoba was down 5.3%, Saskatchewan was up 13.3%, Alberta was down 6.4%, British Columbia was down 2.8%, Yukon was down 14.3%, Northwest Territories was up 3.1%, Nunavut was up 51.3%.

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

Total investment for Canada was $14,171.6 million, total investment for Newfoundland and Labrador was $79.5 million, total investment for Prince Edward Island was $79.1 million, total investment for Nova Scotia was $481.5 million, total investment for New Brunswick was $270.3 million, total investment for Quebec was $2,739.3 million, total investment for Ontario was $5,549.7 million, total investment for Manitoba was $399.8 million, total investment for Saskatchewan was $287.1 million, total investment for Alberta was $1,726.1 million, total investment for British Columbia was $2,510.6 million, total investment for Yukon was $11.0 million, total investment for Northwest Territories was $9.9 million, total investment for Nunavut was $27.9 million.

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

Single homes: Market share was 30.5%, total investment totalled $1,715.9 million, representing a year-over-year decrease of 8.1% or $151.3 million.

Semi-detached homes: Market share was 3.1%, total investment totalled $172.3 million, representing a year-over-year increase of 18.6% or $27.1 million.

Row homes: Market share was 11.2%, total investment totalled $629.8 million, representing a year-over-year increase of 4.1% or $24.6 million.

Condos and rental apartments: Market share was 55.2%, total investment totalled $3,101.4 million, representing a year-over-year increase of 5.1% or $150.3 million.

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

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