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Canada's housing market grew in 2010. Municipalities issued building permits for 203,170 residential units, an increase of 22.9% from 2009. Despite the increase, this was 15.9% below the decade's 2004 peak, when municipalities issued 241,471 residential building permits.
The number of housing starts also increased in 2010. Nationally, construction began on 189,930 homes and apartments, a 27.4% increase from 2009 and the greatest year-to-year increase since 1983.
With the exception of Prince Edward Island, where housing starts dropped 13.8%, housing starts were up provincially. In Western Canada, British Columbia (64.7%) and Saskatchewan (52.8%) saw the greatest gains. In Atlantic Canada, Nova Scotia (25.3%) experienced the most growth in housing starts. Canada's most populated provinces, Ontario (20.0%) and Quebec (18.3%), also saw increases in housing starts.
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