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Investment in Multi-dwelling Construction

(INV_BUILDING_MULTI)
Observations
Jul 2026: 8443051121
Updated: 2026-10-09, 8:53:14 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: 88104952182026-06-01: 86642869692026-07-01: 8443051121
Source: Statistics Canada, Investment in Building Construction via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
Xfrin

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, October 9, 2026.

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CREDHousing Starts
COVID-19 recession160180200220240260280300320340201620182020202220242026Thousands of units2016-09-01: 215.5562016-10-01: 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: 271.8322026-05-01: 254.5972026-06-01: 240.4862026-07-01: 229.362026-08-01: 229.046
Source: Canada Mortgage and Housing Corporation via Statistics Canada via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Housing Starts

CREDBuilding Permits
COVID-19 recession6000000700000080000009000000100000001100000012000000130000001400000015000000201820192020202120222023202420252026Thousands 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: 147483722026-07-01: 12190901
Source: Statistics Canada, Building Permits Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

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: 234614345892026-06-01: 233271997382026-07-01: 23598050403
Source: Statistics Canada, Investment in Building Construction via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

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: 163231624282026-06-01: 161994168222026-07-01: 16243369835
Source: Statistics Canada, Investment in Building Construction via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

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