Alberta Housing Starts Outperform as Ontario Slumps
- ClearView Insider
- Sep 12, 2025
- 1 min read
RBC Economics reports a sharp divergence in Canada’s housing starts performance.
Alberta: 2025 housing starts are running 79% above the five-year average and 28% higher year-over-year, with Calgary already surpassing its housing supply target more than a year early.
Nationally: Housing starts remain strong, reaching an annualized pace of 294,000 units in July—the highest since late 2022.
Ontario: In contrast, Ontario’s six-month average has fallen to its lowest level in a decade, with July starts down 24% from last year.
The data highlights Alberta’s role as a national outlier, with resilient construction activity amid widespread housing supply pressures.
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