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Construction Market Intelligence
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Winnipeg construction market

What residential construction currently looks like in Winnipeg: activity relative to population, the building pipeline, nominal and real growth, and market mix — measured against 15 other Canadian markets.

Trailing 12 months ending June 2026 Manitoba · census metropolitan area · population 951,758 (2025)

  • Renovation-heavy
  • Moderate construction intensity
  • Strong real permit growth

Key metrics

Housing starts per 1,000 residents
7.48
7,115 starts in 12 months
12th of 16
Housing completions per 1,000 residents
6.00
5,713 completions
11th of 16
Units under construction per 1,000 residents
9.40
8,947 units at period end
13th of 16
Pending starts per 1,000 residents
3.69
3,513 units · secondary indicator
9th of 16
Residential permit value growth (constant dollars)
+23.5%
Nominal +29.1%
1st of 16
Residential construction price growth
+4.6%
Year over year
7th of 14
Renovation share of residential investment
55.5%
of residential investment
3rd of 16
Apartment share of housing starts
56.2%
of housing starts
Tied 12th of 16

Current observations

  • Winnipeg recorded 7,115 housing starts over the trailing 12 months ending June 2026 — 7.48 per 1,000 residents, 12th of 16 tracked markets (median 8.33).
  • 9.40 units per 1,000 residents were under construction at period end (13th of 16 tracked markets), 1.6 times the 6.00 per 1,000 completed over the past 12 months.
  • Residential permit value rose 29.1% nominally and approximately 23.5% after adjusting for construction prices. The segments differ: in constant dollars, single-dwelling permit value changed +8.5% and multiple-dwelling +35.1%.
  • Renovation accounts for 55.5% of residential investment (3rd of 16 tracked markets by renovation share). Apartments were 56.2% of housing starts and single-detached homes 26.7%.
  • Residential construction prices changed +4.6% year over year (7th of 14 tracked markets by price growth).
  • Pending starts — permits issued but not yet started — stood at 3.69 per 1,000 residents (9th of 16 tracked markets). This is a secondary indicator of the current backlog, not a forecast.

Generated from the published values on this page using fixed rules. They describe current measured conditions and are not forecasts.

Historical context

Monthly, as trailing 12-month totals (except units under construction, a month-end stock), 2019 to June 2026.

Housing starts by dwelling type

Trailing 12-month starts. Multi-unit = semi-detached, row and apartment.

  • Single-detached
  • Multi-unit
Housing starts by dwelling type, Jan 2019 to Jun 2026. Latest: Single-detached 1,901; Multi-unit 5,214. Full values in the table below the chart.02,0004,0006,00020192020202120222023202420252026
Show all monthly values as a table
Housing starts by dwelling type
Period endingSingle-detachedMulti-unit
January 20191,8553,714
February 20191,8403,785
March 20191,8203,647
April 20191,8253,701
May 20191,8043,980
June 20191,8034,296
July 20191,7994,068
August 20191,7383,844
September 20191,7273,455
October 20191,7353,562
November 20191,6743,333
December 20191,6613,304
January 20201,6743,367
February 20201,7173,334
March 20201,7093,384
April 20201,6853,445
May 20201,6293,097
June 20201,5902,961
July 20201,5623,056
August 20201,5492,998
September 20201,5512,941
October 20201,6063,047
November 20201,6223,390
December 20201,6523,388
January 20211,6293,546
February 20211,6263,686
March 20211,6743,558
April 20211,7823,365
May 20211,8543,533
June 20211,9523,584
July 20212,0443,454
August 20212,1323,529
September 20212,1533,955
October 20212,1213,702
November 20212,1543,373
December 20212,1673,527
January 20222,1833,383
February 20222,1613,499
March 20222,0643,685
April 20221,9433,890
May 20221,9473,834
June 20221,9373,683
July 20221,9323,715
August 20221,9223,668
September 20221,9473,264
October 20221,9903,635
November 20221,9884,007
December 20221,9273,943
January 20231,9413,710
February 20231,9143,802
March 20231,9333,933
April 20231,9483,742
May 20231,8953,915
June 20231,8194,024
July 20231,7024,402
August 20231,6184,524
September 20231,5384,588
October 20231,4474,131
November 20231,4093,993
December 20231,4254,029
January 20241,3914,062
February 20241,3993,750
March 20241,4053,548
April 20241,3703,870
May 20241,3383,528
June 20241,3293,649
July 20241,3393,460
August 20241,3773,435
September 20241,4083,415
October 20241,4403,879
November 20241,4293,860
December 20241,4343,717
January 20251,4683,782
February 20251,4943,679
March 20251,5273,900
April 20251,6403,609
May 20251,7084,027
June 20251,7623,660
July 20251,8413,424
August 20251,8353,618
September 20251,8604,129
October 20251,9103,817
November 20251,9264,213
December 20251,9434,118
January 20261,9204,000
February 20261,9094,386
March 20261,9324,350
April 20261,9064,729
May 20261,9194,711
June 20261,9015,214

Under construction and completions

Units under construction (month-end) and trailing 12-month completions.

  • Under construction
  • Completions (12 mo)
Under construction and completions, Jan 2019 to Jun 2026. Latest: Under construction 8,947; Completions (12 mo) 5,713. Full values in the table below the chart.05,00010,00020192020202120222023202420252026
Show all monthly values as a table
Under construction and completions
Period endingUnder constructionCompletions (12 mo)
January 20195,3164,916
February 20195,2624,911
March 20195,1244,713
April 20195,4114,453
May 20195,5914,706
June 20195,9454,590
July 20196,0934,298
August 20196,0464,368
September 20195,8744,462
October 20195,8104,614
November 20195,6344,649
December 20195,7534,345
January 20205,9294,315
February 20205,9954,197
March 20206,1563,941
April 20206,3844,033
May 20206,4843,706
June 20206,7053,778
July 20206,5804,120
August 20206,3084,276
September 20205,4354,922
October 20205,6334,810
November 20206,0234,602
December 20206,1934,653
January 20216,0255,129
February 20216,2855,081
March 20215,9565,561
April 20216,0565,528
May 20216,2135,643
June 20216,4745,749
July 20216,3795,675
August 20216,5145,486
September 20216,6684,909
October 20216,6364,856
November 20216,8084,779
December 20217,0294,833
January 20227,0734,495
February 20227,4294,476
March 20227,3014,212
April 20226,9884,788
May 20226,8845,065
June 20226,9985,055
July 20227,1704,818
August 20227,2684,739
September 20227,3754,404
October 20227,4864,678
November 20227,9224,783
December 20228,1284,671
January 20237,8744,841
February 20238,1624,981
March 20238,4154,834
April 20238,1194,642
May 20238,3894,388
June 20238,0514,761
July 20238,4824,766
August 20238,0905,368
September 20237,9055,644
October 20237,8415,267
November 20237,9955,374
December 20237,9475,680
January 20247,8935,389
February 20247,9155,346
March 20247,5685,746
April 20247,4205,884
May 20247,4755,725
June 20246,7476,345
July 20247,0176,351
August 20247,1085,807
September 20246,9535,780
October 20247,4305,735
November 20247,2586,029
December 20246,8276,434
January 20256,9876,320
February 20256,6896,570
March 20256,9236,247
April 20256,8595,982
May 20257,3266,055
June 20257,5424,791
July 20257,5174,904
August 20257,6845,019
September 20258,0875,004
October 20257,9745,334
November 20258,5135,036
December 20258,3184,567
January 20268,0414,864
February 20267,9425,039
March 20268,1995,004
April 20268,7734,718
May 20269,2464,708
June 20268,9475,713

Residential permit value: nominal and constant dollars

Trailing 12-month value, $ millions. Constant dollars are Statistics Canada’s price-adjusted series.

  • Nominal
  • Constant dollars
Residential permit value: nominal and constant dollars, Jan 2019 to Jun 2026. Latest: Nominal $2,436M; Constant dollars $2,201M. Full values in the table below the chart.$0M$1,000M$2,000M$3,000M20192020202120222023202420252026
Show all monthly values as a table
Residential permit value: nominal and constant dollars
Period endingNominalConstant dollars
January 2019$1,240M$1,718M
February 2019$1,189M$1,642M
March 2019$1,224M$1,686M
April 2019$1,088M$1,498M
May 2019$1,179M$1,618M
June 2019$1,188M$1,628M
July 2019$1,201M$1,641M
August 2019$1,220M$1,664M
September 2019$1,245M$1,696M
October 2019$1,294M$1,759M
November 2019$1,317M$1,789M
December 2019$1,287M$1,746M
January 2020$1,229M$1,667M
February 2020$1,233M$1,670M
March 2020$1,262M$1,708M
April 2020$1,265M$1,709M
May 2020$1,175M$1,586M
June 2020$1,183M$1,593M
July 2020$1,231M$1,654M
August 2020$1,257M$1,683M
September 2020$1,261M$1,684M
October 2020$1,203M$1,603M
November 2020$1,221M$1,623M
December 2020$1,268M$1,681M
January 2021$1,366M$1,800M
February 2021$1,388M$1,823M
March 2021$1,396M$1,822M
April 2021$1,429M$1,853M
May 2021$1,503M$1,927M
June 2021$1,563M$1,977M
July 2021$1,571M$1,958M
August 2021$1,676M$2,053M
September 2021$1,725M$2,090M
October 2021$1,791M$2,148M
November 2021$1,806M$2,146M
December 2021$1,856M$2,184M
January 2022$1,811M$2,103M
February 2022$1,820M$2,094M
March 2022$1,813M$2,061M
April 2022$1,883M$2,113M
May 2022$1,883M$2,089M
June 2022$1,904M$2,088M
July 2022$1,853M$2,014M
August 2022$1,746M$1,876M
September 2022$1,715M$1,827M
October 2022$1,682M$1,779M
November 2022$1,675M$1,760M
December 2022$1,607M$1,679M
January 2023$1,661M$1,723M
February 2023$1,686M$1,741M
March 2023$1,725M$1,774M
April 2023$1,694M$1,733M
May 2023$1,632M$1,663M
June 2023$1,553M$1,577M
July 2023$1,697M$1,718M
August 2023$1,678M$1,695M
September 2023$1,687M$1,701M
October 2023$1,661M$1,671M
November 2023$1,711M$1,718M
December 2023$1,741M$1,746M
January 2024$1,673M$1,674M
February 2024$1,633M$1,632M
March 2024$1,566M$1,562M
April 2024$1,514M$1,506M
May 2024$1,611M$1,598M
June 2024$1,707M$1,686M
July 2024$1,679M$1,649M
August 2024$1,664M$1,629M
September 2024$1,621M$1,583M
October 2024$1,678M$1,635M
November 2024$1,700M$1,648M
December 2024$1,749M$1,690M
January 2025$1,745M$1,682M
February 2025$1,792M$1,723M
March 2025$1,791M$1,717M
April 2025$1,894M$1,808M
May 2025$1,819M$1,729M
June 2025$1,887M$1,782M
July 2025$1,853M$1,739M
August 2025$1,888M$1,766M
September 2025$1,976M$1,842M
October 2025$2,014M$1,870M
November 2025$1,997M$1,847M
December 2025$2,202M$2,025M
January 2026$2,239M$2,054M
February 2026$2,305M$2,108M
March 2026$2,444M$2,229M
April 2026$2,470M$2,245M
May 2026$2,461M$2,232M
June 2026$2,436M$2,201M

Market mix

Housing starts by dwelling type, 12 months

Housing starts by dwelling type in Winnipeg
Dwelling typeStartsShare
Single-detached1,90126.7%
Semi-detached4105.8%
Row80711.3%
Apartment and other3,99756.2%

Rental-intended starts: 58.9% of all starts.

Renovation vs. new construction

Renovation 55.5% New construction 44.5%

Share of residential building investment. Alterations are 12.9% of residential permit value (a separate source).

Growth: nominal and constant dollars

Nominal and constant-dollar growth, trailing 12 months ending June 2026 versus the prior 12 months
SeriesNominalConstant $
All residential permits+29.1%+23.5%
Single-dwelling buildings+13.3%+8.5%
Multiple-dwelling buildings+41.4%+35.1%
Residential building investment+51.4%+44.4%

Nominal growth includes construction-price change; constant-dollar growth is Statistics Canada’s price-adjusted series. They are shown side by side rather than subtracted.

All published metrics

All published construction metrics for Winnipeg, trailing 12 months ending June 2026
MetricWinnipegDefinition
Population951,758July 1 population estimate for the census metropolitan area.
Housing starts, trailing 12 months7,115Dwelling units started over the trailing 12 months (CMHC Starts and Completions Survey).
Housing starts per 1,000 residents7.48Housing starts (all dwelling types) over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Housing starts, change vs prior 12 months+31.2%Change in trailing-12-month housing starts compared with the 12 months before.
Housing completions, trailing 12 months5,713Dwelling units completed over the trailing 12 months.
Housing completions per 1,000 residents6.00Dwelling units completed over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Completions, change vs prior 12 months+19.2%Change in trailing-12-month completions compared with the 12 months before.
Units under construction8,947Dwelling units under construction at the end of the reference period.
Units under construction per 1,000 residents9.40Dwelling units under construction at the end of the reference period (a stock, not a 12-month flow) per 1,000 residents.
Under construction, change vs a year earlier+18.6%Change in units under construction compared with the same month a year earlier.
Pending starts3,513Units with a building permit issued but not yet started, at the end of the reference period.
Pending starts per 1,000 residents3.69Units with a building permit issued but not yet started, at the end of the reference period, per 1,000 residents. A secondary indicator of the current pipeline, not a forecast of starts.
Pending starts, change vs a year earlier+7.6%Change in pending starts compared with the same month a year earlier.
Dwelling units authorized per 1,000 residents7.89Dwelling units created by building permits issued over the trailing 12 months, per 1,000 residents.
Authorized units, change vs prior 12 months+29.8%Change in dwelling units authorized by building permits compared with the prior 12 months.
Residential permit value, trailing 12 months$2.44BValue of residential building permits, current dollars.
Residential permit value growth (nominal)+29.1%Change in the value of residential building permits over the trailing 12 months versus the prior 12 months, in current dollars.
Residential permit value growth (constant dollars)+23.5%The same change measured with Statistics Canada’s constant-dollar permit values, which remove construction-price change.
Residential investment growth (nominal)+51.4%Change in residential building investment over the trailing 12 months versus the prior 12 months, current dollars.
Residential investment growth (constant dollars)+44.4%The same change measured in Statistics Canada’s constant-dollar investment series.
Residential construction price index (2023 = 100)111.2Average of the four latest quarterly index values, 2023 = 100. Each market is indexed to its own 2023 prices, so index levels show price change within a market and cannot be compared across markets.
Residential construction price growth+4.6%Change in the residential building construction price index (average of the four latest quarters versus the four before). Not published for every CMA.
Renovation share of residential investment55.5%Renovation spending as a share of total residential building investment over the trailing 12 months.
Alterations share of residential permit value12.9%Permit value for alterations and improvements as a share of all residential permit value — an independent view of renovation activity.
Apartment share of housing starts56.2%Apartment and other unit types as a share of all housing starts over the trailing 12 months.
Single-detached share of housing starts26.7%Single-detached units as a share of all housing starts over the trailing 12 months.
Rental share of housing starts58.9%Starts intended for the rental market as a share of all starts over the trailing 12 months.

Compare Winnipeg

Where Winnipeg ranks

Sources and data period

Figures cover the trailing 12 months ending June 2026, the latest period published for all 16 markets. Source data retrieved through September 12, 2026. This page was built on November 8, 2026; the build date is not the data period. Values not published by the source are shown as “Not published”, never estimated.

Methodology, definitions and limitations

Dataset generated September 13, 2026.

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    Construction Market Intelligence

    An independent publication built from official Statistics Canada and CMHC data. Current data: trailing 12 months ending June 2026.

    Contains information licensed under the Open Government Licence – Canada. Not affiliated with or endorsed by Statistics Canada or CMHC.