Investment in Canada’s housing construction sector is declining, data from Statistics Canada shows.

Canada’s real estate sector saw $22.6 billion invested in building construction in March, a drop of $304.6 million, or 1.3 per cent, compared with February.

However, the drop was sharper when compared with March 2025, with investment in residential real estate construction dropping 2.2 per cent, while the non-residential sector saw a modest 0.6 per cent increase, Statistics Canada said.

In the residential sector, investment in construction dropped to $15.5 billion in March, decreasing by $345.4 million. While multi-unit housing construction saw a 2.3 per cent decline, single-family homes were not untouched by the downturn, seeing investment decline by 2.1 per cent in March.