OTTAWA — The total monthly seasonally adjusted annual rate (SAAR) of housing starts for all areas in Canada increased 10% in May (264,506 units) compared to April (241,111), according to Canada Mortgage and Housing Corporation (CMHC). The six-month trend in housing starts increased 3.8% from 238,859 units in April to 247,830 units in May. The trend measure is a six-month moving average of the SAAR of total housing starts for all areas in Canada. The actual number of housing starts across Canada in urban centres of 10,000 population and over was up 39% to 21,652 units in May compared to 15,606 units in May 2023. The year-over-year increase was driven by higher multi-unit starts, up 49% and higher single-detached starts, up 6%.