Infographic 1
Investment in residential building construction, October 2024

Infographic description

The title of the infographic is "Investment in residential building construction, October 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 October, investment in residential construction for Canada decreased 2.1% compared to September 2024. Newfoundland and Labrador was up 45.7%, Prince Edward Island was down 11.5%, Nova Scotia was down 9.4%, New Brunswick was up 5.1%, Quebec was up 2.5%, Ontario was down 5.2%, Manitoba was down 3.3%, Saskatchewan was down 6.0%, Alberta was up 2.7%, British Columbia was down 2.8%, Yukon was up 10.9%, Northwest Territories was down 21.8%, Nunavut was down 18.6%.

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

Total investment for Canada was $14,897.7 million, total investment for Newfoundland and Labrador was $106.4 million, total investment for Prince Edward Island was $67.2 million, total investment for Nova Scotia was $410.2 million, total investment for New Brunswick was $262.5 million, total investment for Quebec was $3,140.2 million, total investment for Ontario was $5,773.5 million, total investment for Manitoba was $591.5 million, total investment for Saskatchewan was $301.0 million, total investment for Alberta was $1,791.0 million, total investment for British Columbia was $2,326.6 million, total investment for Yukon was $67.9 million, total investment for Northwest Territories was $10.3 million, total investment for Nunavut was $49.5 million.

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

Single homes: Market share was 35.5%, total investment totalled $2,751.6 million, representing a year-over-year increase of 2.6% or $69.3 million.

Semi-detached homes: Market share was 3.1%, total investment totalled $236.7 million, representing a year-over-year increase of 10.4% or $22.2 million.

Row homes: Market share was 9.8%, total investment totalled $761.7 million, representing a year-over-year decrease of 6.3% or $51.0 million.

Condos and rental apartments: Market share was 51.6%, total investment totalled $4,001.8 million, representing a year-over-year decrease of 2.6% or $107.8 million.

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

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