Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

April 08, 2011 08:15 ET

Quebec Housing Starts in March

MONTRÉAL, QUÉBEC--(Marketwire - April 8, 2011) - According to the results of the latest monthly survey conducted by Canada Mortgage and Housing Corporation (CMHC), residential construction decreased this past month in Quebec's centres with 10,000 or more inhabitants. In all, 3,111 dwellings were started in March 2011, compared to 3,424 a year earlier. However, the seasonally adjusted annual rate of starts for this same month (40,500) was higher than for the month of February (37,300).

"This increase in the pace of residential construction in Quebec was attributable to multiple-unit housing. That being said, activity in this segment should slow down by the end of 2011," said Kevin Hughes, Senior Economist at CMHC for Quebec.

Single-detached home building decreased by 32 per cent year-over-year in March, as most of the census metropolitan areas (CMAs) in the province recorded losses. Based on the survey results, the Montréal and Québec areas registered notable declines (see table). The seasonally adjusted annual rate of single-detached housing starts in March reached 11,300 units, compared to 11,700 the previous month.

A marginal increase in activity was registered in the multiple-unit (semi-detached, row and apartment) housing segment, where starts edged up from 2,297 units in March 2010 to 2,343 a year later, for a gain of 2 per cent. However, the seasonally adjusted annual rate of multi-family housing starts in March reached 29,200 units, compared to 25,600 the previous month. Regionally, the results were highly mixed, as the Montréal and Sherbrooke CMAs posted strong gains, while the Québec, Trois-Rivières, Saguenay and Gatineau areas experienced notable declines (see table).

Still in the multi-unit housing segment, the March data show that both rental and condominium apartment starts increased significantly over the same month in 2010. In centres with 50,000 or more inhabitants, they registered hikes of 18 per cent and 13 per cent, respectively.

The March results brought the year-to-date urban starts level to 7,345 units, for a decrease of 12 per cent in relation to the first quarter of 2010. This drop was due to both the single-detached and multiple-family housing segments. "The quarterly starts total for Quebec's urban centres is in line with our forecasts," added Kevin Hughes.

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

Preliminary Results - Monthly Starts Survey - Province of Quebec
(centres with 10,000+ inhab.)
March
SinglesMultiplesTotal
20102011%20102011%20102011%
Centres with 100,000+ inhab. (March)
GATINEAU6043-287745-4213788-36
MONTRÉAL700435-381,2391,802451,9392,23715
QUÉBEC13892-33320194-39458286-38
SAGUENAY623***216-7127297
SHERBROOKE26301566109659213951
TROIS-RIVIÈRES1510-3334331-9135841-89
Subtotal (100,000+)945633-332,0662,18763,0112,820-6
Centres with 50,000 to 99,999 inhab. (Mars)
DRUMMONDVILLE1310-23124-672514-44
GRANBY610671639***2249***
SAINT-HYACINTHE23502204525
SHAWINIGAN40-10000040-100
SAINT-JEAN-SUR-RICHELIEU2917-41710433627-25
Subtotal (50,000 to 99,999)5440-2637554991954
Centres with 10,000 to 49,999 inhab. (1st Quart.)
ALMA86-251208-9312814-89
AMOS20-10000020-100
BAIE-COMEAU000000000
COWANSVILLE38***314***622***
DOLBEAU-MISTASSINI110000110
GASPÉ330000330
GRENVILLE30-10000030-100
JOLIETTE4722-53282807550-33
LA TUQUE10-10000010-100
LACHUTE28***180-100208-60
LES-ÎLES-DE-LA-MADELEINE000000000
MATANE20-10000020-100
MONT-LAURIER42-50680-100722-97
MONTMAGNY21-5000021-50
PRÉVOST1612-25240-1004012-70
RAWDON990000990
RIMOUSKI1810-44404005850-14
RIVIÈRE-DU-LOUP550612***111755
ROBERVAL21-5000021-50
ROUYN-NORANDA84-5050-100134-69
SAINTE-ADÈLE166-6382-75248-67
SAINTE-MARIE2350010***213***
SAINTE-SOPHIE193795121417315165
SAINT-FÉLICIEN10-100011***111***
SAINT-GEORGES159-40162-883111-65
SAINT-LIN-LAURENTIDES2919-341918-54837-23
SALABERRY-DE-VALLEYFIELD65-17121742182222
SEPT-ÎLES01***00001***
SOREL-TRACY2226187026-639252-43
THETFORD MINES27***120-100147-50
VAL-D'OR45250004525
VICTORIAVILLE2512-52406768657922
Subtotal (10,000 to 49,999)*277222-20501269-46778491-37
Quebec (estimate 10,000+)1,127768-322,2972,34323,4243,111-9
* 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 March
SinglesMultiplesTotal
20102011%20102011%20102011%
Centres with 100,000+ inhab.
GATINEAU113110-32583182337142815
MONTRÉAL1,320914-313,5873,464-34,9074,378-11
QUÉBEC326215-34799895121,1251,110-1
SAGUENAY2384***3369***56153***
SHERBROOKE8867-2424626683343330
TROIS-RIVIÈRES4125-3942285-80463110-76
Subtotal (100,000+)1,9111,415-265,3455,097-57,2566,512-10
Centres with 50,000 to 99,999 inhab.
DRUMMONDVILLE5448-114331-289779-19
GRANBY2720-261081493813516925
SAINT-HYACINTHE96-33823***172971
SHAWINIGAN94-5603***97-22
SAINT-JEAN-SUR-RICHELIEU5845-221513-137358-21
Subtotal (50,000 to 99,999)157123-22174219263313423
Centres with 10,000 to 49,999 inhab.
ALMA86-251208-9312814-89
AMOS20-10000020-100
BAIE-COMEAU000000000
COWANSVILLE38***314***622***
DOLBEAU-MISTASSINI110000110
GASPÉ330000330
GRENVILLE30-10000030-100
JOLIETTE4722-53282807550-33
LA TUQUE10-10000010-100
LACHUTE28***180-100208-60
LES-ÎLES-DE-LA-MADELEINE000000000
MATANE20-10000020-100
MONT-LAURIER42-50680-100722-97
MONTMAGNY21-5000021-50
PRÉVOST1612-25240-1004012-70
RAWDON990000990
RIMOUSKI1810-44404005850-14
RIVIÈRE-DU-LOUP550612***111755
ROBERVAL21-5000021-50
ROUYN-NORANDA84-5050-100134-69
SAINTE-ADÈLE166-6382-75248-67
SAINTE-MARIE2350010***213***
SAINTE-SOPHIE193795121417315165
SAINT-FÉLICIEN10-100011***111***
SAINT-GEORGES159-40162-883111-65
SAINT-LIN-LAURENTIDES2919-341918-54837-23
SALABERRY-DE-VALLEYFIELD65-17121742182222
SEPT-ÎLES01***00001***
SOREL-TRACY2226187026-639252-43
THETFORD MINES27***120-100147-50
VAL-D'OR45250004525
VICTORIAVILLE2512-52406768657922
Subtotal (10,000 to 49,999)*277222-20501269-46778491-37
Quebec (estimate 10,000+)2,3451,760-256,0205,585-78,3657,345-12
* 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 (province of Quebec)
    514-283-4488

    Montreal
    Bertrand Recher
    Senior Market Analyst
    514-283-2758

    Quebec
    Elisabeth Koulouris
    Senior Market Analyst
    418-649-8098

    Gatineau (Outaouais, Abitibi)
    Patrice Tardif
    Senior Market Analyst
    514-283-2097

    Sherbrooke (Estrie)
    Francis Cortellino
    Senior Market Analyst
    514-283-8391

    Trois-Rivieres (Mauricie)
    Marie-Elaine Denis
    Market Analyst
    418-928-3807

    Saguenay
    Sebastien Paquet-Poirier
    Market Analyst
    418-928-3812