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CRED

Investment in Multi-dwelling Construction

(INV_BUILDING_MULTI)
Observations
Aug 2026: 8500491853
Updated: 2026-11-02, 11:04:09 a.m. ET
Units
Dollars,
Seasonally adjusted, current dollars
Frequency
Monthly
Source
Statistics Canada, Investment in Building Construction
Series ID
INV_BUILDING_MULTI
Table 34-10-0293-01
CREDInvestment in Multi-dwelling Construction
COVID-19 recession35000000004000000000450000000050000000005500000000600000000065000000007000000000750000000080000000008500000000900000000095000000002017201820192020202120222023202420252026Dollars2017-01-01: 39178164782017-02-01: 39755515902017-03-01: 40499468272017-04-01: 39091847422017-05-01: 37415034762017-06-01: 38512153412017-07-01: 40690655442017-08-01: 40906283882017-09-01: 41011904372017-10-01: 43297614542017-11-01: 46066269812017-12-01: 45779400342018-01-01: 44637202932018-02-01: 43763494152018-03-01: 46488025612018-04-01: 48878786192018-05-01: 48881546812018-06-01: 49085519292018-07-01: 48148865952018-08-01: 49535056832018-09-01: 49366582462018-10-01: 48059846222018-11-01: 46897297802018-12-01: 47241511162019-01-01: 47811300892019-02-01: 47593601202019-03-01: 46354126772019-04-01: 49178881042019-05-01: 52677627872019-06-01: 50423977532019-07-01: 49684525382019-08-01: 50096237532019-09-01: 52019446292019-10-01: 51734389112019-11-01: 51935365752019-12-01: 51365713402020-01-01: 50913827642020-02-01: 52621821692020-03-01: 52305313862020-04-01: 38231082252020-05-01: 46604534952020-06-01: 49638533162020-07-01: 50230207762020-08-01: 53997198942020-09-01: 56994928212020-10-01: 57097345342020-11-01: 58116431542020-12-01: 60401381142021-01-01: 62490054112021-02-01: 64774858452021-03-01: 67918913962021-04-01: 71858455322021-05-01: 69846930582021-06-01: 65974846602021-07-01: 63454940702021-08-01: 61429557672021-09-01: 59409909792021-10-01: 58815337802021-11-01: 60100040802021-12-01: 62256258002022-01-01: 66165057372022-02-01: 66240243642022-03-01: 65328908362022-04-01: 66057125022022-05-01: 68362926342022-06-01: 68936718592022-07-01: 70739023222022-08-01: 72204178432022-09-01: 69815725442022-10-01: 69026910392022-11-01: 68355622192022-12-01: 66513871782023-01-01: 67009877152023-02-01: 67279561622023-03-01: 65872409942023-04-01: 66401234952023-05-01: 66466924932023-06-01: 66775964402023-07-01: 68628624412023-08-01: 71098453822023-09-01: 75818539422023-10-01: 79035286992023-11-01: 78575130012023-12-01: 77250441402024-01-01: 76319347742024-02-01: 73110229992024-03-01: 73275347262024-04-01: 72504024042024-05-01: 73188153432024-06-01: 77196591892024-07-01: 78226329732024-08-01: 79983389762024-09-01: 83078197942024-10-01: 78722770822024-11-01: 72706627902024-12-01: 72687903452025-01-01: 78487778752025-02-01: 82753738612025-03-01: 83166923562025-04-01: 83170616312025-05-01: 84533324142025-06-01: 83894462362025-07-01: 81503234382025-08-01: 79330401452025-09-01: 78439221632025-10-01: 79202712242025-11-01: 84825417362025-12-01: 88900329882026-01-01: 88663393312026-02-01: 84611184222026-03-01: 83975072172026-04-01: 87366826112026-05-01: 88327162652026-06-01: 86859453832026-07-01: 84475916202026-08-01: 8500491853
Source: Statistics Canada, Investment in Building Construction via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Source: Statistics Canada

Release: Investment in Building Construction

Units: Dollars, Seasonally adjusted, current dollars

Frequency: Monthly

Notes: The seasonally adjusted dollar value of multiple-dwelling construction put in place, in current dollars, covering doubles, rows and apartments. It tracks the shift toward denser housing supply in Canadian cities. From the Investment in Building Construction survey.

Suggested Citation: Statistics Canada, Investment in Multi-dwelling Construction INV_BUILDING_MULTI, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/INV_BUILDING_MULTI, November 2, 2026.

Release Tables

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CREDHousing Starts
COVID-19 recession160180200220240260280300320340201620182020202220242026Thousands of units2016-10-01: 194.1722016-11-01: 185.7862016-12-01: 202.6932017-01-01: 206.5672017-02-01: 208.6862017-03-01: 245.5622017-04-01: 212.8522017-05-01: 198.4842017-06-01: 209.1112017-07-01: 229.4482017-08-01: 227.2742017-09-01: 218.5662017-10-01: 220.5172017-11-01: 248.3312017-12-01: 214.3092018-01-01: 216.762018-02-01: 229.4322018-03-01: 221.2262018-04-01: 211.9562018-05-01: 196.2462018-06-01: 241.8992018-07-01: 201.5532018-08-01: 197.1162018-09-01: 193.4982018-10-01: 213.7132018-11-01: 224.4652018-12-01: 214.992019-01-01: 200.4842019-02-01: 163.0482019-03-01: 192.5962019-04-01: 229.4172019-05-01: 196.5812019-06-01: 242.6242019-07-01: 219.7242019-08-01: 225.5552019-09-01: 225.8482019-10-01: 204.7532019-11-01: 201.7752019-12-01: 199.5552020-01-01: 200.0822020-02-01: 209.5892020-03-01: 189.1172020-04-01: 161.0042020-05-01: 192.5512020-06-01: 213.1672020-07-01: 244.8512020-08-01: 263.632020-09-01: 214.4762020-10-01: 227.4922020-11-01: 259.9342020-12-01: 240.4212021-01-01: 291.292021-02-01: 260.9222021-03-01: 319.8432021-04-01: 272.3442021-05-01: 283.0922021-06-01: 283.7692021-07-01: 274.4722021-08-01: 259.632021-09-01: 250.7142021-10-01: 236.5882021-11-01: 305.2062021-12-01: 247.1792022-01-01: 229.1252022-02-01: 248.8772022-03-01: 245.692022-04-01: 262.6932022-05-01: 280.9612022-06-01: 273.5652022-07-01: 277.1952022-08-01: 266.5212022-09-01: 294.6152022-10-01: 261.6322022-11-01: 259.5182022-12-01: 252.1152023-01-01: 205.5852023-02-01: 245.4742023-03-01: 212.6352023-04-01: 259.2582023-05-01: 193.7092023-06-01: 282.6572023-07-01: 253.6752023-08-01: 250.8142023-09-01: 268.4512023-10-01: 270.3222023-11-01: 207.5692023-12-01: 253.862024-01-01: 228.5742024-02-01: 263.5392024-03-01: 242.5142024-04-01: 240.3472024-05-01: 258.4562024-06-01: 246.1012024-07-01: 276.4752024-08-01: 215.4212024-09-01: 226.912024-10-01: 243.7322024-11-01: 262.932024-12-01: 232.6392025-01-01: 233.832025-02-01: 222.4482025-03-01: 214.4942025-04-01: 281.8262025-05-01: 278.7012025-06-01: 284.1652025-07-01: 293.8772025-08-01: 244.2942025-09-01: 280.6692025-10-01: 231.2392025-11-01: 253.1912025-12-01: 282.0232026-01-01: 236.7782026-02-01: 248.8312026-03-01: 239.5712026-04-01: 270.6922026-05-01: 254.4772026-06-01: 239.8382026-07-01: 246.3412026-08-01: 242.2232026-09-01: 248.896
Source: Canada Mortgage and Housing Corporation via Statistics Canada via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Housing Starts

CREDBuilding Permits
COVID-19 recession600000070000008000000900000010000000110000001200000013000000140000001500000016000000201820192020202120222023202420252026Thousands of dollars2018-01-01: 83325842018-02-01: 83521472018-03-01: 84201932018-04-01: 81016012018-05-01: 83548802018-06-01: 84338152018-07-01: 82754012018-08-01: 79121062018-09-01: 81645602018-10-01: 82805142018-11-01: 84615282018-12-01: 86835032019-01-01: 80655322019-02-01: 79160532019-03-01: 84291732019-04-01: 93958242019-05-01: 87316682019-06-01: 82152142019-07-01: 87110962019-08-01: 92627022019-09-01: 84364492019-10-01: 86410902019-11-01: 81173232019-12-01: 89414422020-01-01: 89768552020-02-01: 83222522020-03-01: 71812642020-04-01: 59470942020-05-01: 79088552020-06-01: 80937442020-07-01: 82495882020-08-01: 83096032020-09-01: 99038182020-10-01: 91724362020-11-01: 96056982020-12-01: 93573722021-01-01: 106120482021-02-01: 102652202021-03-01: 107478242021-04-01: 113039982021-05-01: 98120052021-06-01: 99515482021-07-01: 101822142021-08-01: 96874602021-09-01: 105898042021-10-01: 113292192021-11-01: 112336742021-12-01: 116562342022-01-01: 108009792022-02-01: 121463132022-03-01: 115823752022-04-01: 122808982022-05-01: 121361122022-06-01: 117818032022-07-01: 111154982022-08-01: 121373282022-09-01: 100807732022-10-01: 99363892022-11-01: 113963612022-12-01: 112234632023-01-01: 106059592023-02-01: 104469152023-03-01: 119693652023-04-01: 97557442023-05-01: 111181642023-06-01: 133666702023-07-01: 115799062023-08-01: 116581882023-09-01: 116056542023-10-01: 111835482023-11-01: 116241322023-12-01: 98765442024-01-01: 107773972024-02-01: 118477212024-03-01: 110546092024-04-01: 138286362024-05-01: 121308192024-06-01: 109506352024-07-01: 125454902024-08-01: 121582472024-09-01: 133071312024-10-01: 122889132024-11-01: 123865742024-12-01: 131003862025-01-01: 124833792025-02-01: 132131032025-03-01: 124297512025-04-01: 117784762025-05-01: 129636012025-06-01: 121606162025-07-01: 120789012025-08-01: 117200692025-09-01: 121793482025-10-01: 134180792025-11-01: 123341392025-12-01: 127800272026-01-01: 132537622026-02-01: 122239152026-03-01: 134792522026-04-01: 129425442026-05-01: 124720972026-06-01: 148273562026-07-01: 124785482026-08-01: 13571697
Source: Statistics Canada, Building Permits Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Building Permits

CREDInvestment in Building Construction
COVID-19 recession120000000001400000000016000000000180000000002000000000022000000000240000000002017201820192020202120222023202420252026Dollars2017-01-01: 137040530202017-02-01: 134751880892017-03-01: 135167469502017-04-01: 136087109162017-05-01: 142072730102017-06-01: 142712677102017-07-01: 140872403062017-08-01: 135668695192017-09-01: 135194795502017-10-01: 139706773492017-11-01: 145136945242017-12-01: 145184102092018-01-01: 145619750902018-02-01: 144052722372018-03-01: 145998725212018-04-01: 148838897562018-05-01: 147071511532018-06-01: 147211024492018-07-01: 146917720862018-08-01: 150196373862018-09-01: 150581099302018-10-01: 148812356742018-11-01: 145317715592018-12-01: 145953818542019-01-01: 146832615612019-02-01: 148964992792019-03-01: 147657008162019-04-01: 147377401892019-05-01: 149683546912019-06-01: 148570909762019-07-01: 148814314802019-08-01: 150914399282019-09-01: 154413686542019-10-01: 154570777192019-11-01: 154202436822019-12-01: 153633513312020-01-01: 153417151862020-02-01: 157074703812020-03-01: 158282158992020-04-01: 116145725222020-05-01: 139303438252020-06-01: 148773971732020-07-01: 153382043362020-08-01: 159293183892020-09-01: 162139566512020-10-01: 163777890152020-11-01: 168967255842020-12-01: 173379645892021-01-01: 178037504922021-02-01: 183991856612021-03-01: 191209595992021-04-01: 201342974632021-05-01: 199661298342021-06-01: 191236650122021-07-01: 186169592832021-08-01: 183126125472021-09-01: 181351718182021-10-01: 183167669742021-11-01: 187441861822021-12-01: 193397362102022-01-01: 198959281862022-02-01: 199223579472022-03-01: 199255784242022-04-01: 204508396682022-05-01: 206982888042022-06-01: 209540035832022-07-01: 212689690292022-08-01: 213756406602022-09-01: 209626250302022-10-01: 206453172442022-11-01: 201567817122022-12-01: 199117651172023-01-01: 200653987682023-02-01: 199438685332023-03-01: 194197541662023-04-01: 196374926692023-05-01: 195982708722023-06-01: 195663208202023-07-01: 198605266512023-08-01: 200910072052023-09-01: 207275311442023-10-01: 212294253142023-11-01: 212612901572023-12-01: 211811181762024-01-01: 212620915562024-02-01: 206252997392024-03-01: 206479911042024-04-01: 203804571732024-05-01: 203593051472024-06-01: 208548828282024-07-01: 208000505622024-08-01: 209333431702024-09-01: 214585510502024-10-01: 212957397042024-11-01: 208110491322024-12-01: 208511773532025-01-01: 213302112702025-02-01: 219251263342025-03-01: 220746630042025-04-01: 218964406892025-05-01: 220733640092025-06-01: 219694540222025-07-01: 218394342712025-08-01: 218104608402025-09-01: 217122821912025-10-01: 216142520092025-11-01: 223982387312025-12-01: 230026196002026-01-01: 228377864492026-02-01: 227314080942026-03-01: 229202993082026-04-01: 235153230182026-05-01: 234341378002026-06-01: 232797666572026-07-01: 235167298482026-08-01: 23541801012
Source: Statistics Canada, Investment in Building Construction via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Investment in Building Construction

CREDInvestment in Residential Building Construction
COVID-19 recession70000000008000000000900000000010000000000110000000001200000000013000000000140000000001500000000016000000000170000000002017201820192020202120222023202420252026Dollars2017-01-01: 97201110922017-02-01: 94663957712017-03-01: 94826844642017-04-01: 95294031172017-05-01: 100908982552017-06-01: 100785764012017-07-01: 98060687822017-08-01: 92412485492017-09-01: 91373752792017-10-01: 95584193672017-11-01: 100768811962017-12-01: 100442994012018-01-01: 100742334322018-02-01: 98895292872018-03-01: 100643326952018-04-01: 103491886352018-05-01: 101971884252018-06-01: 102044589982018-07-01: 101481745022018-08-01: 104601431302018-09-01: 104614282142018-10-01: 102660688962018-11-01: 99254370572018-12-01: 99680477152019-01-01: 100291778882019-02-01: 102489978872019-03-01: 101300555362019-04-01: 101013188512019-05-01: 102729291922019-06-01: 100497260312019-07-01: 100161749182019-08-01: 101840331262019-09-01: 104829501642019-10-01: 104606172742019-11-01: 103868388062019-12-01: 102998036762020-01-01: 102683459912020-02-01: 106081339062020-03-01: 108758388472020-04-01: 75756846512020-05-01: 90532202802020-06-01: 97861101052020-07-01: 103789112902020-08-01: 110614233992020-09-01: 115754710132020-10-01: 118184237032020-11-01: 123171243182020-12-01: 127602922072021-01-01: 132104646412021-02-01: 137985853402021-03-01: 144896375332021-04-01: 154461320132021-05-01: 152257910072021-06-01: 143509642222021-07-01: 137734940782021-08-01: 133936430452021-09-01: 131666604202021-10-01: 132539130432021-11-01: 136393789282021-12-01: 141729759732022-01-01: 146420720692022-02-01: 146279735172022-03-01: 145124216852022-04-01: 149469908012022-05-01: 151522546702022-06-01: 152452240702022-07-01: 155108029352022-08-01: 156084933482022-09-01: 151213579072022-10-01: 147618232522022-11-01: 142461675602022-12-01: 139778185322023-01-01: 141026593152023-02-01: 139387681282023-03-01: 133750825762023-04-01: 135034471302023-05-01: 135003843382023-06-01: 134597059072023-07-01: 136831894272023-08-01: 138590734392023-09-01: 144103818822023-10-01: 148717784872023-11-01: 148467214492023-12-01: 147313834032024-01-01: 147877012662024-02-01: 141504505972024-03-01: 141246913902024-04-01: 138397027732024-05-01: 137706741192024-06-01: 142198545842024-07-01: 141546577662024-08-01: 142335814242024-09-01: 147843280932024-10-01: 145800521662024-11-01: 140815862912024-12-01: 140868054202025-01-01: 145503788492025-02-01: 151348100902025-03-01: 152236051142025-04-01: 150544081642025-05-01: 152448234262025-06-01: 151650387012025-07-01: 150047259002025-08-01: 149453790262025-09-01: 148323484872025-10-01: 147071366392025-11-01: 154438263202025-12-01: 160199730052026-01-01: 158089021272026-02-01: 156770160992026-03-01: 158468285082026-04-01: 163903349102026-05-01: 162962667062026-06-01: 161556834082026-07-01: 161638323162026-08-01: 16118386420
Source: Statistics Canada, Investment in Building Construction via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Investment in Residential Building Construction

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