Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

July 09, 2010 08:15 ET

Quebec Housing Starts in June

MONTRÉAL, QUÉBEC--(Marketwire - July 9, 2010) - According to the results of the latest monthly survey conducted by Canada Mortgage and Housing Corporation (CMHC), residential construction increased this past month in Quebec's centres with 10,000 or more inhabitants. In all, 4,223 dwellings were started in June 2010, compared to 2,990 a year earlier. The seasonally adjusted annual rate of starts for this same month (47,300) was down, however, from the pace recorded in May (42,400). "The strong increase in housing starts registered in June was attributable to the fact that the level of activity in the same month last year was exceptionally low. As we consider that this effect will not recur this year, and given the easing of the resale market, we still believe that the new home market will enter a slowdown phase," said Kevin Hughes, Senior Economist at CMHC for Quebec.

The increase in starts noted in Quebec in June reflected the conditions observed in most census metropolitan areas (CMAs) across the province. That being said, more marked gains were registered in Saguenay (hike of over 100 per cent), Gatineau (+62 per cent) and Montréal (+44 per cent), while activity in the Sherbrooke CMA remained stable in relation to the same period last year.

Single-detached home building increased in all of Quebec's CMAs, except Sherbrooke, with the strongest growth having been recorded in Saguenay. Overall, foundations were laid for 3,451 single-detached homes in centres with 100,000 or more inhabitants, for a gain of 40 per cent.

In the multiple-unit housing segment, residential construction was up significantly in all of Quebec's CMAs. The Saguenay and Gatineau areas stood out with particularly large gains (see table).

As for the larger census agglomerations (CAs), the survey results revealed that starts in these centres posted a notable year-over-year increase in June (from 183 units in 2009 to 287 in 2010). This was a month when multi-unit housing starts posted major hikes, in most agglomerations.

The results by tenure type show a notable gain in condominium housing starts (more than 100 per cent). The construction of dwellings intended for the rental market increased marginally during this period (+5 per cent).

From January to June 2010, housing starts in Quebec's centres with 10,000 or more inhabitants were up by 36 per cent over the same period last year (rising to 21,470 units in 2010, from 15,837 in 2009). This result was due more to multiple-family housing starts (+40 per cent) than to single-detached home starts (+27 per cent).

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. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making vital decisions. For more information, call 1-800-668-2642.

Preliminary Results - Monthly Starts Survey - Province of Quebec
(centres with 10,000+ inhab.)
 
June
 
    Singles     Multiples     Total  
  2009 2010 % 2009 2010 % 2009 2010 %
 
Centres with 100,000+ inhab. (June)                  
 
GATINEAU 83 91 10 97 201 *** 180 292 62
MONTRÉAL 533 569 7 876 1,466 67 1,409 2,035 44
QUÉBEC 178 175 -2 322 470 46 500 645 29
SAGUENAY 31 62 *** 12 51 *** 43 113 ***
SHERBROOKE 112 77 -31 65 100 54 177 177 0
TROIS-RIVIÈRES 39 53 36 119 136 14 158 189 20
 
Subtotal (100,000+) 976 1,027 5 1,491 2,424 63 2,467 3,451 40
 
Centres with 50,000 to 99,999 inhab. (Juin)                  
 
DRUMMONDVILLE 47 63 34 8 41 *** 55 104 89
GRANBY 35 34 -3 25 32 28 60 66 10
SAINT-HYACINTHE 8 13 63 4 26 *** 12 39 ***
SHAWINIGAN 20 18 -10 2 4 *** 22 22 0
SAINT-JEAN-SUR-RICHELIEU 28 34 21 6 22 *** 34 56 65
 
Subtotal (50,000 to 99,999) 138 162 17 45 125 *** 183 287 57
 
Centres with 10,000 to 49,999 inhab. (2nd Quart.)                
 
ALMA 31 36 16 18 10 -44 49 46 -6
AMOS 10 19 90 0 0 0 10 19 90
BAIE-COMEAU 18 6 -67 0 25 *** 18 31 72
COWANSVILLE 7 24 *** 12 5 -58 19 29 53
DOLBEAU-MISTASSINI 7 6 -14 0 0 0 7 6 -14
GASPÉ 26 12 -54 4 0 -100 30 12 -60
GRENVILLE 0 1 *** 0 0 0 0 1 ***
JOLIETTE 81 76 -6 36 79 *** 117 155 32
LA TUQUE 2 9 *** 2 0 -100 4 9 ***
LACHUTE 14 13 -7 8 6 -25 22 19 -14
LES-ÎLES-DE-LA-MADELEINE 29 14 -52 12 0 -100 41 14 -66
MATANE 10 10 0 2 8 *** 12 18 50
MONT-LAURIER 11 21 91 0 2 *** 11 23 ***
MONTMAGNY 8 9 13 2 2 0 10 11 10
PRÉVOST 70 63 -10 2 18 *** 72 81 13
RAWDON 23 28 22 6 6 0 29 34 17
RIMOUSKI 38 70 84 22 42 91 60 112 87
RIVIÈRE-DU-LOUP 22 28 27 6 27 *** 28 55 96
ROBERVAL 8 10 25 8 6 -25 16 16 0
ROUYN-NORANDA 36 47 31 2 2 0 38 49 29
SAINTE-ADÈLE 14 22 57 14 13 -7 28 35 25
SAINTE-MARIE 15 12 -20 22 24 9 37 36 -3
SAINTE-SOPHIE 43 80 86 12 30 *** 55 110 ***
SAINT-FÉLICIEN 6 6 0 0 0 0 6 6 0
SAINT-GEORGES 39 43 10 44 44 0 83 87 5
SAINT-LIN-LAURENTIDES 27 23 -15 20 11 -45 47 34 -28
SALABERRY-DE-VALLEYFIELD 28 26 -7 6 104 *** 34 130 ***
SEPT-ÎLES 14 28 *** 0 6 *** 14 34 ***
SOREL-TRACY 18 34 89 16 57 *** 34 91 ***
THETFORD MINES 5 11 *** 4 27 *** 9 38 ***
VAL-D'OR 22 33 50 0 65 *** 22 98 ***
VICTORIAVILLE 37 62 68 76 75 -1 113 137 21
 
Subtotal (10,000 to 49,999)* 719 882 23 356 694 95 1,075 1,576 47
 
Quebec (estimate 10,000+) 1,364 1,449 6 1,626 2,774 71 2,990 4,223 41
   
* Data adjusted to reflect geographical definitions of the 2006 Census. Les-Îles-de-la-Madeleine, Mont-Laurier, Prévost, Rawdon, Sainte-Adèle and Sainte-Sophie now belong to the 10,000 to 49,999 population category. 
*** Absolute value greater than 100%
 
 
 
Preliminary Results - Monthly Starts Survey - Province of Quebec
(centres with 10,000+ inhab.)
 
January to June
 
  Singles   Multiples   Total  
  2009 2010 % 2009 2010 % 2009 2010 %
 
Centres with 100,000+ inhab.                  
GATINEAU 469 450 -4 972 869 -11 1,441 1,319 -8
MONTRÉAL 2,325 3,254 40 6,296 7,938 26 8,621 11,192 30
QUÉBEC 845 1,034 22 1,308 2,141 64 2,153 3,175 47
SAGUENAY 121 190 57 68 168 *** 189 358 89
SHERBROOKE 367 306 -17 382 669 75 749 975 30
TROIS-RIVIÈRES 156 181 16 241 698 *** 397 879 ***
 
Subtotal (100,000+) 4,283 5,415 26 9,267 #### 35 13,550 17,898 32
 
Centres with 50,000 to 99,999 inhab.                  
 
DRUMMONDVILLE 150 229 53 78 247 *** 228 476 ***
GRANBY 104 125 20 140 252 80 244 377 55
SAINT-HYACINTHE 29 39 34 61 70 15 90 109 21
SHAWINIGAN 35 45 29 18 18 0 53 63 19
SAINT-JEAN-SUR-RICHELIEU 109 153 40 59 40 -32 168 193 15
 
Subtotal (50,000 to 99,999) 427 591 38 356 627 76 783 1,218 56
 
Centres with 10,000 to 49,999 inhab.                  
 
ALMA 37 44 19 20 130 *** 57 174 ***
AMOS 10 21 *** 0 0 0 10 21 ***
BAIE-COMEAU 24 6 -75 0 25 *** 24 31 29
COWANSVILLE 12 27 *** 32 8 -75 44 35 -20
DOLBEAU-MISTASSINI 8 7 -13 0 0 0 8 7 -13
GASPÉ 31 15 -52 4 0 -100 35 15 -57
GRENVILLE 2 4 *** 0 0 0 2 4 ***
JOLIETTE 142 123 -13 54 107 98 196 230 17
LA TUQUE 2 10 *** 2 0 -100 4 10 ***
LACHUTE 15 15 0 10 24 *** 25 39 56
LES-ÎLES-DE-LA-MADELEINE 29 14 -52 12 0 -100 41 14 -66
MATANE 10 12 20 2 8 *** 12 20 67
MONT-LAURIER 12 25 *** 0 70 *** 12 95 ***
MONTMAGNY 8 11 38 8 2 -75 16 13 -19
PRÉVOST 74 79 7 2 42 *** 76 121 59
RAWDON 27 37 37 20 6 -70 47 43 -9
RIMOUSKI 47 88 87 75 82 9 122 170 39
RIVIÈRE-DU-LOUP 31 33 6 10 33 *** 41 66 61
ROBERVAL 9 12 33 8 6 -25 17 18 6
ROUYN-NORANDA 36 55 53 2 7 *** 38 62 63
SAINTE-ADÈLE 22 38 73 23 21 -9 45 59 31
SAINTE-MARIE 15 14 -7 22 24 9 37 38 3
SAINTE-SOPHIE 62 99 60 24 42 75 86 141 64
SAINT-FÉLICIEN 7 7 0 0 0 0 7 7 0
SAINT-GEORGES 46 58 26 44 60 36 90 118 31
SAINT-LIN-LAURENTIDES 35 52 49 24 30 25 59 82 39
SALABERRY-DE-VALLEYFIELD 31 32 3 27 116 *** 58 148 ***
SEPT-ÎLES 15 28 87 0 6 *** 15 34 ***
SOREL-TRACY 34 56 65 36 127 *** 70 183 ***
THETFORD MINES 10 13 30 4 39 *** 14 52 ***
VAL-D'OR 25 37 48 0 65 *** 25 102 ***
VICTORIAVILLE 62 87 40 109 115 6 171 202 18
 
Subtotal (10,000 to 49,999)* 930 1159 25 574 1195 *** 1504 2354 57
 
Quebec (estimate 10,000+) 5640 7165 27 10197 14305 40 15837 21470 36
   
* Data adjusted to reflect geographical definitions of the 2006 Census. Les-Îles-de-la-Madeleine, Mont-Laurier, Prévost, Rawdon, Sainte-Adèle and Sainte-Sophie now belong to the 10,000 to 49,999 population category.
*** Absolute value greater than 100%

Contact Information

  • Province
    Kevin Hughes
    Senior Economist
    514-283-4488
    or
    Montreal
    Bertrand Recher
    Senior Market Analyst
    514-283-2758
    or
    Quebec
    Elisabeth Koulouris
    Senior Market Analyst
    418-649-8098
    or
    Gatineau (Outaouais, Abitibi)
    Patrice Tardif
    Senior Market Analyst
    514-283-2097
    or
    Sherbrooke (Estrie)
    Francis Cortellino
    Senior Market Analyst
    514-283-8391
    or
    Trois-Rivieres (Mauricie)
    Marie-Elaine Denis
    Market Analyst
    418-649-8100
    or
    Saguenay
    Sebastien Paquet-Poirier
    Market Analyst
    418-649-8102