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Statistics Canada's building construction data shows residential investment climbing to $16.2 billion in May 2026, up 6.6% from a year earlier — a forward-looking signal for future purchase and construction-financing volume.
in residential building construction investment in May 2026
— up 6.6% from $15.24 billion in May 2025, and just below April 2026's recent high of $16.33 billion.
Statistics Canada, Table 34-10-0293-01
A fall 2025 dip gave way to a steady rebound that carried into a new recent high in April 2026.
Investment in residential building construction, Canada, seasonally adjusted, in current dollars. Source: Statistics Canada, Table 34-10-0293-01.
Construction investment hit $16.2 billion in May 2026: up 6.6% from $15.24 billion in May 2025, continuing a rebound that began in late 2025.
Investment dipped through the fall before rebounding: monthly investment fell for five straight months from May to October 2025, bottoming at $14.71 billion, before climbing steadily into 2026.
April 2026 was the recent high: residential construction investment peaked at $16.33 billion in April 2026, just ahead of May's $16.24 billion.
This is a forward-looking pipeline indicator: construction investment feeds future purchase and construction-financing volume, so a rising trend into 2026 points to more completions — and more mortgage files — ahead.
| Month | Investment ($B) | Note |
|---|---|---|
| May 2025 | $15.24B | — |
| Jun 2025 | $15.17B | — |
| Jul 2025 | $15.00B | — |
| Aug 2025 | $14.95B | — |
| Sep 2025 | $14.83B | — |
| Oct 2025 | $14.71B | Low point |
| Nov 2025 | $15.44B | — |
| Dec 2025 | $16.02B | — |
| Jan 2026 | $15.81B | — |
| Feb 2026 | $15.68B | — |
| Mar 2026 | $15.87B | — |
| Apr 2026 | $16.33B | Recent high |
| May 2026 | $16.24B | Latest available |
Dollar values in current-dollar $ billions, seasonally adjusted. Source: Statistics Canada, Table 34-10-0293-01.
recent high for residential construction investment, reached in April 2026
StatCan
low point for the window, reached in October 2025
StatCan
year-over-year increase from May 2025 to May 2026
StatCan
residential construction investment in May 2025, the starting point for this window
StatCan
Rising construction investment today is next year's purchase and construction-financing volume — new builds need financing at pre-sale, during construction draws, and again at completion. Brokers tracking where volume is headed can use this as an early signal for capacity planning, alongside renewal and resale data.
Last updated August 2, 2026. Each figure carries its source; projections are labelled. Page reviewed on every major source release. Information only — not advice.
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