Housing: In the first two months of the year, all key sector indicators are in negative territory
The behavior of the housing sector is measured through four key indicators. Photo: iStock
TL;DR
- Project launches decreased by 11.6% in the first two months of 2026.
- Construction starts dropped by 16.4% between March 2025 and February 2026, with a significant 24.7% decrease in VIS starts.
- Sales grew 11.7% annually but fell 11% in the first two months of 2026, with Non-VIS sales down 16.4%.
- Available housing supply contracted by 3.5% annually, with VIS supply down 4.2%.
- The VIS segment is experiencing significant slowdowns across launches, starts, and supply, despite some annual sales growth.
- The overall trend indicates a slowdown in construction and housing availability, though commercial activity is maintained.