Guelph CMA

Key Points

• Housing starts in Guelph CMA have declined significantly compared to the same point in previous years.

• In the CMA, for municipalities with provincial housing supply targets, overall grades, relative to performance over the same period (2021-2024) are:

  • Guelph: F.

• The decline in new home construction is starting to be felt in the labour market. The decline in housing starts, compared to the previous four-year average at this point in the year, is estimated to have reduced the number of jobs in Guelph by 675.

Housing starts

Figure 1: Year-to-date housing starts by dwelling type, Guelph CMA

Figure 2: Year-to-date new home sales by dwelling type, Guelph CMA