Population and Housing

[danbrotherston]

For Apartment/condo, that's starts, not completions right? If buildings take 2-3 years to complete, so it needs to be averaged over a few years.

Yes, it's starts. But as long as the number of starts per year is fairly consistent, the number of completions will be as well, even if some buildings take longer than others.

I understand, but that's what I mean, because they take so long to build and approve, large buildings are likely to be more inconsistent per year.