Infographic 1
Investment in residential building construction, November 2024

Infographic description

The title of the infographic is "Investment in residential building construction, November 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 1.1% in November compared with October 2024. Newfoundland and Labrador was up 0.8%, Prince Edward Island was up 21.5%, Nova Scotia was up 6.5%, New Brunswick was up 6.5%, Quebec was up 2.6%, Ontario was down 3.9%, Manitoba was down 4.8%, Saskatchewan was up 7.7%, Alberta was down 0.6%, British Columbia was down 2.2%, Yukon was down 12.1%, Northwest Territories was down 19.3% and Nunavut was down 17.5%.

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

Total investment for Canada was $14,770.8 million, total investment for Newfoundland and Labrador was $107.6 million, total investment for Prince Edward Island was $83.1 million, total investment for Nova Scotia was $430.9 million, total investment for New Brunswick was $279.5 million, total investment for Quebec was $3,268.0 million, total investment for Ontario was $5,552.0 million, total investment for Manitoba was $558.4 million, total investment for Saskatchewan was $328.1 million, total investment for Alberta was $1,788.2 million, total investment for British Columbia was $2,265.7 million, total investment for Yukon was $60.1 million, total investment for Northwest Territories was $8.2 million and total investment for Nunavut was $40.9 million.

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

Single homes: Market share was 34.7% and total investment totalled $2,643.8 million, representing a year-over-year increase of 7.5%, or $183.5 million.

Semi-detached homes: Market share was 2.9% and total investment totalled $218.0 million, representing a year-over-year increase of 9.8%, or $19.4 million.

Row homes: Market share was 9.6% and total investment totalled $731.4 million, representing a year-over-year decrease of 6.8%, or $53.7 million.

Condos and rental apartments: Market share was 52.8% and total investment totalled $4,024.7 million, representing a year-over-year decrease of 1.1%, or $43.9 million.

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

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