Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

July 09, 2009 23:59 ET

June Housing Starts in New Brunswick

MONCTON, NB, July 9 - According to Canada Mortgage and Housing
Corporation's (CMHC's) preliminary data(1) released today, residential
construction in June produced a total of 316 starts in New Brunswick's urban
centres compared to 442 units during the same period last year.

"Total urban starts for the month of June were lower this year, with
fewer single and multiple starts in New Brunswick's urban centres compared to
last year's monthly total," said Claude Gautreau, CMHC's senior market analyst
for New Brunswick. Single starts in provincial urban centres were down 26 per
cent to 187 units in June. Year-to-date, single starts were down by 36 per
cent to 467 units.

Meanwhile, in New Brunswick's urban centres, a total of 129 multiple
starts were recorded in June of this year, down 33 per cent from the 191 units
recorded during the same month in 2008. Despite fewer multiple starts in June,
the year-to-date decline in multiple starts remains moderate at 10.7 per cent
after the first six months of the year. "As anticipated at the start of the
year, residential construction activity in New Brunswick has produced fewer
single and multiple starts during the first half of 2009, and the trend will
likely continue during the second half of the year," continued Gautreau.

In urban centres across Canada, total housing starts in June declined by
36 per cent, down to 11,686 compared to last year's total of 18,338.
Single-detached starts decreased 27 per cent to 5,716 units, while multiple
unit starts were down 43 per cent from 10,455 units last year to 5,970 units
this year. In the Atlantic region, 904 new units were started in June 2009
compared to 1,092 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
JUN JUN 2009 2008
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ALL URBAN CENTRES WITH POPULATIONS GREATER THAN 50,000
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SAINT JOHN CMA
Single 54 55 -1.8% 157 219 -28.3%
Multiple 9 15 -40.0% 201 153 31.4%
TOTAL 63 70 -10.0% 358 372 -3.8%
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MONCTON CMA
Single 57 88 -35.2% 133 243 %
Multiple 46 118 -61.0% 216 366 -41.0%
TOTAL 103 206 -50.0% 349 609 -42.7%
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FREDERICTON CA
Single 53 81 -34.6% 123 198 -37.9%
Multiple 65 52 25.0% 160 124 29.0%
TOTAL 118 133 -11.3% 283 322 -12.1%
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ALL URBAN CENTRES WITH POPULATION GREATER THAN 10,000(*)
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ALL CENTRES
Single 187 251 -25.5% 467 728 -35.9%
Multiple 129 191 -32.5% 608 681 -10.7%
TOTAL 316 442 -28.5% 1,075 1,409 -23.7%
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PRELIMINARY QUARTERLY HOUSING STARTS
NEW BRUNSWICK SUMMARY
-------------------------------------------------------------------------
2009 2008 YEAR-TO-DATE
-------------- % Change -------------- % Change
Q2 Q2 2009 2008
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ALL URBAN CENTRES WITH POPULATIONS GREATER THAN 10,000
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SAINT JOHN CMA
Single 117 147 -20.4% 157 219 -28.3%
Multiple 78 60 30.0% 201 153 31.4%
TOTAL 195 207 -5.8% 358 372 -3.8%
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MONCTON CMA
Single 111 209 -46.9% 133 243 -45.3%
Multiple 184 323 -43.0% 216 366 -41.0%
TOTAL 295 532 -44.5% 349 609 -42.7%
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FREDERICTON CA
Single 93 143 -35.0% 123 198 -37.9%
Multiple 158 120 31.7% 160 124 29.0%
TOTAL 251 263 -4.6% 283 322 -12.1%
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BATHURST CA
Single 16 22 -27.3% 19 24 -20.8%
Multiple 31 15 (XX) 31 21 47.6%
TOTAL 47 37 27.0% 50 45 11.1%
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CAMPBELLTON CA
Single 3 7 -57.1% 4 8 -50.0%
Multiple 0 0 - 0 0 -
TOTAL 3 7 -57.1% 4 8 -50.0%
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EDMUNDSTON CA
Single 11 15 -26.7% 12 16 -25.0%
Multiple 0 0 - 0 0 -
TOTAL 11 15 -26.7% 12 16 -25.0%
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MIRAMICHI CA
Single 14 15 -6.7% 19 20 -5.0%
Multiple 0 0 - 0 17 (XX)
TOTAL 14 15 -6.7% 19 37 -48.6%
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ALL URBAN CENTRES(*)
Single 365 558 -34.6% 467 728 -35.9%
Multiple 451 518 -12.9% 608 681 -10.7%
TOTAL 816 1,076 -24.2% 1,075 1,409 -23.7%
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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 CMA, 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

  • 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