Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

May 08, 2009 23:59 ET

April Housing Starts in New Brunswick

MONCTON, May 8 - According to Canada Mortgage and Housing
Corporation's (CMHC's) preliminary data(1), residential construction in April
produced a total of 156 starts in New Brunswick's urban centres compared to
153 units during the same period last year.
"Total urban starts for the month of April were just ahead of last year's
monthly level due to a significant year-over-year increase in multiple starts
in Fredericton," said Claude Gautreau, CMHC's senior market analyst for New
Brunswick. A total of 104 multiple starts were recorded in April of 2009 in
all urban centres compared to 69 units during the same month last year.
Single starts in provincial urban centres were down 38.1 per cent in
April with a 32-unit decline for a total of 52 starts. "Single starts, which
have trailed last year's pace since the start of the year remained soft in
April as reduced demand led to fewer starts," continued Gautreau.
In urban centres across Canada, total housing starts in April declined by
53 per cent, down to 8,063 compared to last year's total of 17,209.
Single-detached starts decreased 49 per cent to 3,526 units, while multiple
unit starts were down 56 per cent from 10,321 units last year to 4,537 units
this year. In the Atlantic region, 369 new units were started in April 2009
compared to 533 units during the same period in 2008.
As Canada's national housing agency, CMHC draws on more than 60 years of
experience to help Canadians access a variety of quality, environmentally
sustainable, and affordable homes - homes that will continue to create vibrant
and healthy communities and cities across the country.




(1) Figures for the most recent month are preliminary and subject to
revisions due to corrections or updates from quarterly enumeration or
sampling results.


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PRELIMINARY URBAN MONTHLY HOUSING STARTS
NEW BRUNSWICK SUMMARY
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2009 2008 YEAR-TO-DATE
-------------- % Change -------------- % Change
APR APR 2009 2008
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ALL URBAN CENTRES WITH POPULATIONS GREATER THAN 50,000
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SAINT JOHN CMA
Single 23 35 -34.3% 63 107 -41.1%
Multiple 9 25 -64.0% 132 118 11.9%
TOTAL 32 60 -46.7% 195 225 -13.3%
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MONCTON CA
Single 10 25 -60.0% 32 59 -45.8%
Multiple 24 40 -40.0% 56 83 -32.5%
TOTAL 34 65 -47.7% 88 142 -38.0%
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FREDERICTON CA
Single 11 15 -26.7% 41 70 -41.4%
Multiple 71 2 (XX) 73 6 (XX)
TOTAL 82 17 (XX) 114 76 50.0%
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ALL URBAN CENTRES WITH POPULATION GREATER THAN 10,000(*)
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ALL CENTRES
Single 52 84 -38.1% 154 254 -39.4%
Multiple 104 69 50.7% 261 232 12.5%
TOTAL 156 153 2.0% 415 486 -14.6%
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Figures for the most recent month are preliminary and subject to
revisions due to corrections or updates from quarterly enumeration or
sampling results.

(*) Includes all centres with a total population of more than 10,000
(Saint John CMA, Moncton CA, Fredericton CA, Bathurst CA,
Campbellton CA, Edmundston CA, and Miramichi City).

(XX) Indicates changes in excess of 100% which are not reported due to
volatility resulting from small absolute numbers.

Contact Information

  • For further information: Claude Gautreau, CMHC Market Analysis Centre,
    (506) 851-2742, Cell: (506) 866-9002, cgautrea@cmhc.ca; visit www.cmhc.ca or
    call 1-800-668-2642