Infographic 1
Investment in residential building construction, July 2024

Infographic description

The title of the infographic is "Investment in residential building construction, July 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.

In July, investment in residential construction for Canada decreased 2.2% compared to June 2024. Newfoundland and Labrador was down 9.2%, Prince Edward Island was down 18.0%, Nova Scotia was down 2.1%, New Brunswick was down 12.8%, Quebec was down 6.3%, Ontario was up 1.1%, Manitoba was up 6.0%, Saskatchewan was up 7.5%, Alberta was down 3.9%, British Columbia was down 3.7%, Yukon was down 11.3%, Northwest Territories was down 9.6%, Nunavut was up 0.2%.

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

Total investment for Canada was $14,572.9 million, total investment for Newfoundland and Labrador was $54.3 million, total investment for Prince Edward Island was $52.4 million, total investment for Nova Scotia was $457.2 million, total investment for New Brunswick was $296.0 million, total investment for Quebec was $3,018.3 million, total investment for Ontario was $5,655.3 million, total investment for Manitoba was $552.4 million, total investment for Saskatchewan was $290.2 million, total investment for Alberta was $1,713.7 million, total investment for British Columbia was $2,431.5 million, total investment for Yukon was $16.2 million, total investment for Northwest Territories was $7.5 million, total investment for Nunavut was $28.0 million.

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

Single homes: Market share was 35.4%, total investment totalled $2,578.7 million, representing a year-over-year decrease of 6.5% or $178.0 million.

Semi-detached homes: Market share was 3.3%, total investment totalled $237.7 million, representing a year-over-year increase of 15.8% or $32.4 million.

Row homes: Market share was 10.9%, total investment totalled $794.2 million, representing a year-over-year increase of 0.1% or $0.6 million.

Condos and rental apartments: Market share was 50.4%, total investment totalled $3,668.9 million, representing a year-over-year increase of 6.3% or $218.6 million.

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

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