This Month's Housing Starts Report | SBC Magazine

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U.S. Housing Starts & Building Permits
In millions - Seasonally Adjusted Annual Rate (SAAR)

[Source: U.S. Dept of Commerce]

Table 1: US Starts & Permits
	2021 (Nov)	2021 (Oct)	Percent Change (Month)	2020 (Nov)	Percent Change (Year)
TOTAL U.S. Starts & Permits
Starts	1.679	1.504	11.6%	1.578	6.4%
Permits	1.712	1.653	3.6%	1.635	4.7%
TOTAL Single Family
Starts	1.173	1.054	11.3%	1.195	-1.8%
Permits	1.103	1.074	2.7%	1.137	-3%
TOTAL Multi-Family (2+ units)
Starts	0.506	0.450	12.4%	0.383	32.1%
Permits	0.609	0.579	5.2%	0.498	22.3%

Table 2: US Starts & Permits By Region
	2021 (Nov)	2021 (Oct)	Percent Change (Month)	2020 (Nov)	Percent Change (Year)
Northeast
Starts	0.130	0.122	6.6%	0.164	-20.7%
Permits	0.145	0.129	12.4%	0.152	-4.6%
Midwest
Starts	0.204	0.226	-9.7%	0.190	7.4%
Permits	0.215	0.234	-8.1%	0.221	-2.7%
South
Starts	0.933	0.792	17.8%	0.813	14.8%
Permits	0.901	0.859	4.9%	0.868	3.8%
West
Starts	0.412	0.380	8.4%	0.411	0.2%
Permits	0.451	0.431	4.6%	0.394	14.5%

Canadian Housing Starts
In millions - Seasonally Adjusted Annual Rate (SAAR)

[Source: Canada Mortgage and Housing Corp. (CMHC)]

Table 3: Canadian Starts (Single Family + Multi Family)
	2021 (Nov)	2021 (Oct) Revised	Percent Change (Month)
Total Canadian Starts
Total Starts	0.3013	0.2384	26.4%
Urban
Total Starts	0.2794	0.2163	29.2%
Single Family	0.0582	0.0589	-1.2%
Multi Family	0.2212	0.1574	40.5%
Rural
Total Starts	0.0219	0.0221	-0.9%

Table 4: Canadian Starts by Region (Single Family + Multi Family)
	2021 (Nov)	2021 (Oct) Revised	Percent Change (Month)
Atlantic Provinces (Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island)
Starts	0.0128	0.0141	-8.7%
Quebec
Starts	0.0590	0.0525	12.4%
Ontario
Starts	0.1236	0.0765	61.6%
Prairie Provinces (Manitoba, Saskatchewan, Alberta)
Starts	0.0483	0.0408	18.4%
British Columbia
Starts	0.0357	0.0324	9.9%