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Ottawa housing stats

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The CMHC today published its December 2023 housing numbers, which I've plugged into my tracker. There is a very large pipeline of projects under construction, but Ottawa ended the year with slightly fewer completions in 2023 than 2021 (7890 versus 7938) but more than in 2022 (7668). There were 2,188 singles completed in 2023, 212 semis, 2,337 rows and 3,153 apartments. On an interesting note, starts in December 2023 were the highest for December in four years despite economic challenges, mostly apartments (531) compared to singles (102), semis (20) and rows (117).

The December 2023 report is available from CMHC here. I'll have some wrap-up thoughts for 2023 in the next couple of weeks.

Posted January 29, 2024
This post is updated on an evergreen basis with the latest data available from the CMHC for housing completions, starts and under construction.