Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

September 09, 2009 23:59 ET

Quebec housing starts in August

MONTREAL, Sept. 9 - According to the results of the latest monthly survey conducted by Canada Mortgage and Housing Corporation (CMHC), residential construction rose this past month in Quebec's centres with 10,000 or more inhabitants. In all, 3,409 dwellings were started in August 2009, compared to 3,082 a year earlier. As well, the seasonally adjusted annual rate of starts for this same month (41,000) was comparable to pace recorded in July (40,000). Nationally, the seasonally adjusted annual rate of urban starts was 150,400 units in August.

"So far in 2009, residential construction in Quebec's urban centres is down by 16 per cent. The less significant decline in the multiple-unit housing segment (-10 per cent, compared to -25 per cent for single-detached homes) reflects, in part, a shift toward more affordable housing types," said Kevin Hughes, Senior Economist at CMHC.

The strength housing activity registered this past August in Quebec was entirely attributable to an increase in the multi-unit (semi-detached, row and apartment) housing segment; in fact, while starts of this type rose by 36 per cent, the number of new single-detached homes fell by 28 per cent.

As expected, the same observation was made in the census metropolitan areas (CMAs), with a decrease of 21 per cent in single-detached home starts and an increase of 37 per cent for multiple-family housing. Single-detached house construction was on the decline or stable in all six Quebec CMAs, while only two recorded drops in multiple-unit housing activity (see table). In all, 2,981 housing units got under way in the CMAs during August, for a gain of 16 per cent over the 2,559 starts enumerated a year earlier.

In the larger census agglomerations (with 50,000 to 99,999 inhabitants), housing starts increased by 68 per cent in August (223 units in 2009, versus 133 in 2008). Multi-unit housing starts were in fact very numerous in these centres, surging by more than 100 per cent. However, no significant variation in housing activity was observed in the single-detached home segment.

Still according to the survey results, there were fewer freehold home starts but more new rental and condominium housing units compared to August 2008. The Québec CMA stood out in this regard.

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. For more information, visit www.cmhc.ca or call 1-800-668-2642.


   Preliminary Results - Monthly Starts Survey - Province of Quebec

                    (centres with 10,000+ inhab.) 

                           August

                Singles             Multiples              Total

              2008   2009    %    2008    2009    %    2008    2009    %

            ------------------  -------------------  -------------------

Centres with

 100,000+

 inhab.

GATINEAU       119     83  -30     244     266    9     363     349   -4

MONTREAL       447    370  -17   1,123   1,269   13   1,570   1,639    4

QUEBEC         168    134  -20     157     545 (xxx)    325     679 (xxx)

SAGUENAY        52     52    0      58      18  -69     110      70  -36

SHERBROOKE      64     42  -34      10     149 (xxx)     74     191 (xxx)

TROIS-

 RIVIERES       51     31  -39      66      22  -67     117      53  -55

Subtotal

 (100,000+)    901    712  -21   1,658   2,269   37   2,559   2,981   16

Centres with

 50,000 to

 99,999 inhab.

DRUMMONDVILLE   23     29   26       6       4  -33      29      33   14

GRANBY          32     32    0      17      71 (xxx)     49     103 (xxx)

SAINT-

 HYACINTHE      10      6  -40       9      21 (xxx)     19      27   42

SAINT-JEAN-

 SUR-

 RICHELIEU      20     26   30       2      17 (xxx)     22      43   95

SHAWINIGAN      10      3  -70       4      14 (xxx)     14      17   21

Subtotal

 (50,000

 to 99,999)     95     96    1      38     127 (xxx)    133     223   68

Quebec

 (estimate

 10,000+)    1,216    873  -28   1,866   2,536   36   3,082   3,409   11 

                     January to August

                Singles             Multiples              Total

              2008   2009    %    2008    2009    %    2008    2009    %

            ------------------  -------------------  -------------------

Centres with

 100,000+

 inhab.

GATINEAU       663    676    2   1,120   1,440   29   1,783   2,116   19

MONTREAL     4,729  3,211  -32  10,197   8,552  -16  14,926  11,763  -21

QUEBEC       1,394  1,159  -17   2,307   2,265   -2   3,701   3,424   -7

SAGUENAY       288    204  -29     141     130   -8     429     334  -22

SHERBROOKE     522    482   -8     409     593   45     931   1,075   15

TROIS-

 RIVIERES      269    240  -11     460     381  -17     729     621  -15

Subtotal

 (100,000+)  7,865  5,972  -24  14,634  13,361   -9  22,499  19,333  -14

Centres with

 50,000 to

 99,999 inhab.

DRUMMONDVILLE  212    218    3     196     102  -48     408     320  -22

GRANBY         208    166  -20     256     270    5     464     436   -6

SAINT-

 HYACINTHE      85     43  -49     103     106    3     188     149  -21

SAINT-JEAN-

 SUR-

 RICHELIEU     189    153  -19     183      99  -46     372     252  -32

SHAWINIGAN      79     43  -46      30      50   67     109      93  -15

Subtotal

 (50,000

 to 99,999)    773    623  -19     768     627  -18   1,541   1,250  -19

Quebec

 (estimate

 10,000+)   10,305  7,719  -25  16,547  14,831  -10  26,852  22,550  -16

(xxx) Absolute value greater than 100%

Contact Information

  • Province of Quebec: Kevin Hughes, Senior
    Economist, (514) 283-4488; Montréal: David L'Heureux, Market Analyst, (514)
    496-2587; Sherbrooke (Estrie): Francis Cortellino, Market Analyst, (514)
    283-8391; Québec: Elisabeth Koulouris, Senior Market Analyst, (418) 649-8098;
    Trois-Rivières (Mauricie); Elisabeth Koulouris, Senior Market Analyst, (418)
    649-8098; Gatineau (Outaouais, Abitibi): Patrice Tardif, Senior Market
    Analyst, (514) 283-2097; Saguenay: Patrice Tardif, Senior Market Analyst,
    (514) 283-2097