The six-month trend in housing starts was virtually flat in February, with a slight increase of 0.4% to 256,005 units, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. Actual housing starts were up 10% year-over-year in centres with a population of 10,000 or greater. The year-to-date total was 31,974 units, up 5% from the same period in 2025, driven by higher starts to begin the year in British Columbia and Ontario, as higher starts across the province have, so far, made up for decreases in Toronto. The total monthly SAAR of housing starts for all areas in Canada increased 4.5% in February (250,900 units) compared to January (240,148 units).