New Homes Inventory in Canada: Unsold Completed Homes
CMHC counts newly completed homeownership and condo units that haven't been sold or rented (unabsorbed inventory), and how many are absorbed each month. Purpose-built rentals aren't included.
Unsold new homes (unabsorbed inventory) — Toronto
527units
+5.0% vs 12 months earlier
Sep 2026 · CMHC
Completed homeownership and condo units not yet sold or rented; excludes purpose-built rentals.
Unsold new homes (unabsorbed inventory) — Montréal
231units
−2.9% vs 12 months earlier
Sep 2026 · CMHC
Completed homeownership and condo units not yet sold or rented; excludes purpose-built rentals.
Unsold new homes (unabsorbed inventory) — Vancouver
870units
+5.2% vs 12 months earlier
Sep 2026 · CMHC
Completed homeownership and condo units not yet sold or rented; excludes purpose-built rentals.
| Metro | Value |
|---|---|
| Edmonton Alta. | 1,660 units |
| Calgary Alta. | 1,412 units |
| Vancouver B.C. | 870 units |
| Toronto Ont. | 527 units |
| London Ont. | 335 units |
| Saskatoon Sask. | 293 units |
| Montréal Que. | 231 units |
| Ottawa–Gatineau Ont. | 209 units |
| Winnipeg Man. | 193 units |
| St. Catharines–Niagara Ont. | 190 units |
| Halifax N.S. | 126 units |
| Victoria B.C. | 117 units |
| Kelowna B.C. | 104 units |
| Regina Sask. | 96 units |
| Brantford Ont. | 91 units |
Absorptions
Absorbed units were sold or rented when completed or since. Rising inventory with falling absorptions signals slower sales of new homes.
| Metro | Value |
|---|---|
| Calgary Alta. | 8,174 units |
| Edmonton Alta. | 7,179 units |
| Toronto Ont. | 3,195 units |
| Vancouver B.C. | 2,444 units |
| Winnipeg Man. | 1,874 units |
| Ottawa–Gatineau Ont. | 1,375 units |
| Saskatoon Sask. | 1,128 units |
| Montréal Que. | 823 units |
| Halifax N.S. | 783 units |
| Québec City Que. | 539 units |
| St. John's N.L. | 524 units |
| London Ont. | 490 units |
| Moncton N.B. | 475 units |
| Windsor Ont. | 447 units |
| Kitchener–Cambridge–Waterloo Ont. | 427 units |
Coverage
CMHC publishes these figures for metropolitan areas; there's no national total in the open table, so we don't add metros together.
Sources
Informational only, not financial advice. Data as of the release snapshot generated 2026-11-13.