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Housing starts climb nationally as rental boom reshapes construction

But 'market intelligence suggests slowing momentum,' CMHC says.
Prével began building its Lacey Green development last year in the Montreal suburb of Kirkland after preparing the site in 2024, as it's shown here. (CoStar)
Prével began building its Lacey Green development last year in the Montreal suburb of Kirkland after preparing the site in 2024, as it's shown here. (CoStar)
CoStar News
January 21, 2026 | 1:24 P.M.

Builders finished the year with shovels in the ground after a quiet autumn, as a 5.6% increase in housing starts pushed the 2025 total to 259,028 across the country.

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