Community Dashboard: Housing starts

Current 2,810
Previous 3,269
Preferred trend Increase
Reporting date Dec. 31, 2023

Rationale and analysis

Why this measurement is important

Housing starts are considered a key economic indicator. In a strong economy, homes are more likely to be built and fewer homes are likely to be built in a weak economy.

How we measure this data

As reported by Planning and Development.

About this indicator

Housing starts are new residential construction projects that begin within the reported year, including single, semi-detached, row and apartment units, for all of the following intended markets: Homeowner, rental, condo and co-op.

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