Completed homes down 6.8% over the comparable 12-month window.
-6.8%completion change
Latest 12 months compared with the preceding 12 months
Period ending September 2026 · Gross housing completions
HDX-C · RELEASED HOUSING PILOTCalgary.
Calgary.
Homebuilding Delivery.
Start with the story, then see the reading, the comparison and its limits.
93.2 · HDX-C
The delivery reading compares completed homes in the latest 12 months with the preceding 12 months. 100 means unchanged. Starts and unfinished homes provide separate pipeline context.
Why it matters: Finished homes measure delivery. New starts and homes still under construction describe earlier stages, which may not finish on a predictable schedule.
This is the first delivery lens in the Homebuilding Pipeline family. It does not combine all stages into a future-supply forecast.
A YEAR OF COMPARABLE READINGS
Download chart ↗The direction, with context.
The line shows derived momentum readings, not home prices in dollars or a count of finished homes. Past periods are reconstructed using one retained source vintage; they are not HDX publications made in those months.
View readings as a table
| Period ending | Reading | Completion change |
|---|---|---|
| Oct 2025 | 112.3 | +12.3% |
| Nov 2025 | 109.0 | +9.0% |
| Dec 2025 | 100.4 | +0.4% |
| Jan 2026 | 98.3 | -1.7% |
| Feb 2026 | 96.5 | -3.5% |
| Mar 2026 | 104.3 | +4.3% |
| Apr 2026 | 109.8 | +9.8% |
| May 2026 | 111.3 | +11.3% |
| Jun 2026 | 104.7 | +4.7% |
| Jul 2026 | 102.5 | +2.5% |
| Aug 2026 | 105.9 | +5.9% |
| Sep 2026 | 93.2 | -6.8% |
A usable summary.
Approved reading as JSON ↗The limits travel with the story.
- Starts, unfinished homes and completions are different stages, not three groups to add together.
- Completions are gross delivered units, not net additions after demolitions or occupied homes.
- The unfinished stock is not guaranteed future supply or a completion-date forecast.
- Provider geography definitions can change; comparisons crossing identified boundary changes must be withheld.
- No per-capita denominator is used in this pilot.
Reference period: October 2025 to September 2026.
Underlying releases: 19 October 2026. Existing rental and population pages retain their separately dated snapshots.
Adapted from Canada Mortgage and Housing Corporation, housing starts, under construction and completions in selected census metropolitan areas, monthly (Table 34-10-0154-01), 2026-09. This does not constitute an endorsement by Canada Mortgage and Housing Corporation of this product.
Five engines. Two released pilot views.
Market Balance and Home Supply need additional matched resale evidence and public-use clearance. Ownership Affordability needs matched household-income and ownership-cost inputs. Their readings remain unpublished.
Price Momentum begins with new homes; resale price coverage remains separate. Homebuilding begins with delivered homes; earlier pipeline stages remain distinct.