Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

October 08, 2010 08:15 ET

Quebec Housing Starts in September

MONTREAL, QUEBEC--(Marketwire - Oct. 8, 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, 3,623 dwellings were started in September 2010, compared to 3,305 a year earlier. "While the rate of single-detached construction has been dropping since the beginning of the year in Quebec, that of multi-family remains sustained, as we still observe a significant number of apartment starts (retirement homes and condominiums)," said Kevin Hughes, Senior Economist at CMHC for Quebec. The seasonally adjusted annual rate of starts for September (42,400) was in fact higher than for the month of August (40,800).

Single-detached home starts fell by 17 per cent in September from the same month in 2009. With the exception of the Saguenay area (+28 per cent), all census metropolitan areas (CMAs) in the province sustained decreases. Based on the survey results, the Montréal (­26 per cent), Québec (-22 per cent) and Trois-Rivières (-31 per cent) areas registered the largest declines.

In contrast, multiple-unit housing construction, registered a increase, as starts in that segment went up from 2,028 units to 2,558 year-over-year (26 per cent). This result was due to the strength in the rental and condominium housing categories. Semi-detached and row freehold home starts, on the other hand, posted a decline over the same month last year.

During this same period, large census agglomerations (CAs) sustained a decrease in residential construction (-36 per cent). The drop in their case was notably observed in the multiple-unit housing segment, where starts fell by 50 per cent (see table).

For the first nine months of the year, starts in Quebec's centres with 10,000 or more inhabitants were up by 23 per cent, compared to the same period last year. This result reflected the increases in multi-unit housing construction (+29 per cent) and, to a lesser extent, in single-detached home building (+14 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, visit www.cmhc.ca or call 1-800-668-2642.

Preliminary Results - Monthly Starts Survey - Province of Quebec
(centres with 10,000+ inhab.)
 
September
 
  Singles   Multiples   Total
  2009 2010 %   2009 2010 %   2009 2010 %
                       
Centres with 100,000+ inhab. (September)                      
                       
GATINEAU 101 92 -9   160 165 3   261 257 -2
MONTRÉAL 575 423 -26   1,150 1,340 17   1,725 1,763 2
QUÉBEC 171 134 -22   318 450 42   489 584 19
SAGUENAY 40 51 28   29 22 -24   69 73 6
SHERBROOKE 44 38 -14   82 50 -39   126 88 -30
TROIS-RIVIÈRES 26 18 -31   18 237 ***   44 255 ***
                       
Subtotal (100,000+) 957 756 -21   1,757 2,264 29   2,714 3,020 11
                       
Centres with 50,000 to 99,999 inhab. (Septembre)                      
                       
DRUMMONDVILLE 32 25 -22   21 14 -33   53 39 -26
GRANBY 15 20 33   24 31 29   39 51 31
SAINT-HYACINTHE 8 3 -63   44 12 -73   52 15 -71
SHAWINIGAN 17 11 -35   10 0 -100   27 11 -59
SAINT-JEAN-SUR-RICHELIEU 17 15 -12   21 3 -86   38 18 -53
                       
Subtotal (50,000 to 99,999) 89 74 -17   120 60 -50   209 134 -36
                       
Centres with 10,000 to 49,999 inhab. (3rd Quart.)                      
                       
ALMA 21 13 -38   8 18 ***   29 31 7
AMOS 14 21 50   0 3 ***   14 24 71
BAIE-COMEAU 5 5 0   0 0 0   5 5 0
COWANSVILLE 7 15 ***   24 18 -25   31 33 6
DOLBEAU-MISTASSINI 7 9 29   0 2 ***   7 11 57
GASPÉ 20 23 15   10 0 -100   30 23 -23
GRENVILLE 2 3 50   0 27 ***   2 30 ***
JOLIETTE 37 41 11   34 38 12   71 79 11
LA TUQUE 3 1 -67   0 0 0   3 1 -67
LACHUTE 10 10 0   28 10 -64   38 20 -47
LES-ÎLES-DE-LA-MADELEINE 7 17 ***   6 4 -33   13 21 62
MATANE 18 9 -50   0 0 0   18 9 -50
MONT-LAURIER 14 16 14   0 4 ***   14 20 43
MONTMAGNY 5 6 20   0 6 ***   5 12 ***
PRÉVOST 42 50 19   5 6 20   47 56 19
RAWDON 23 24 4   6 8 33   29 32 10
RIMOUSKI 53 49 -8   38 34 -11   91 83 -9
RIVIÈRE-DU-LOUP 14 20 43   36 42 17   50 62 24
ROBERVAL 1 3 ***   0 0 0   1 3 ***
ROUYN-NORANDA 31 43 39   44 0 -100   75 43 -43
SAINTE-ADÈLE 24 22 -8   17 12 -29   41 34 -17
SAINTE-MARIE 15 12 -20   6 4 -33   21 16 -24
SAINTE-SOPHIE 47 58 23   14 23 64   61 81 33
SAINT-FÉLICIEN 3 4 33   0 0 0   3 4 33
SAINT-GEORGES 19 34 79   4 0 -100   23 34 48
SAINT-LIN-LAURENTIDES 44 91 ***   13 60 ***   57 151 ***
SALABERRY-DE-VALLEYFIELD 17 17 0   44 50 14   61 67 10
SEPT-ÎLES 17 15 -12   0 6 ***   17 21 24
SOREL-TRACY 37 36 -3   26 17 -35   63 53 -16
THETFORD MINES 17 12 -29   32 0 -100   49 12 -76
VAL-D'OR 53 32 -40   11 2 -82   64 34 -47
VICTORIAVILLE 37 43 16   85 298 ***   122 341 ***
                       
Subtotal (10,000 to 49,999)* 664 754 14   491 692 41   1,155 1,446 25
                       
                       
Quebec (estimate 10,000+) 1,277 1,065 -17   2,028 2,558 26   3,305 3,623 10
 
* 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 September
 
  Singles   Multiples   Total
  2009 2010 %   2009 2010 %   2009 2010 %
                       
Centres with 100,000+ inhab.                      
                       
GATINEAU 777 725 -7   1,600 1,404 -12   2,377 2,129 -10
MONTRÉAL 3,786 4,502 19   9,702 11,869 22   13,488 16,371 21
QUÉBEC 1,330 1,456 9   2,583 3,407 32   3,913 4,863 24
SAGUENAY 244 307 26   159 324 ***   403 631 57
SHERBROOKE 526 457 -13   675 926 37   1,201 1,383 15
TROIS-RIVIÈRES 266 262 -2   399 1,026 ***   665 1,288 94
                       
Subtotal (100,000+) 6,929 7,709 11   15,118 18,956 25   22,047 26,665 21
                       
Centres with 50,000 to 99,999 inhab.                      
                       
DRUMMONDVILLE 250 330 32   123 275 ***   373 605 62
GRANBY 181 213 18   294 453 54   475 666 40
SAINT-HYACINTHE 51 49 -4   150 122 -19   201 171 -15
SHAWINIGAN 60 94 57   60 28 -53   120 122 2
SAINT-JEAN-SUR-RICHELIEU 170 213 25   120 43 -64   290 256 -12
                       
Subtotal (50,000 to 99,999) 712 899 26   747 921 23   1,459 1,820 25
                       
Centres with 10,000 to 49,999 inhab.                      
                       
ALMA 58 57 -2   28 148 ***   86 205 ***
AMOS 24 42 75   0 3 ***   24 45 88
BAIE-COMEAU 29 11 -62   0 25 ***   29 36 24
COWANSVILLE 19 42 ***   56 26 -54   75 68 -9
DOLBEAU-MISTASSINI 15 16 7   0 2 ***   15 18 20
GASPÉ 51 38 -25   14 0 -100   65 38 -42
GRENVILLE 4 7 75   0 27 ***   4 34 ***
JOLIETTE 179 164 -8   88 145 65   267 309 16
LA TUQUE 5 11 ***   2 0 -100   7 11 57
LACHUTE 25 25 0   38 34 -11   63 59 -6
LES-ÎLES-DE-LA-MADELEINE 36 31 -14   18 4 -78   54 35 -35
MATANE 28 21 -25   2 8 ***   30 29 -3
MONT-LAURIER 26 41 58   0 74 ***   26 115 ***
MONTMAGNY 13 17 31   8 8 0   21 25 19
PRÉVOST 116 129 11   7 48 ***   123 177 44
RAWDON 50 61 22   26 14 -46   76 75 -1
RIMOUSKI 100 137 37   113 116 3   213 253 19
RIVIÈRE-DU-LOUP 45 53 18   46 75 63   91 128 41
ROBERVAL 10 15 50   8 6 -25   18 21 17
ROUYN-NORANDA 67 98 46   46 7 -85   113 105 -7
SAINTE-ADÈLE 46 60 30   40 33 -18   86 93 8
SAINTE-MARIE 30 26 -13   28 28 0   58 54 -7
SAINTE-SOPHIE 109 157 44   38 65 71   147 222 51
SAINT-FÉLICIEN 10 11 10   0 0 0   10 11 10
SAINT-GEORGES 65 92 42   48 60 25   113 152 35
SAINT-LIN-LAURENTIDES 79 143 81   37 90 ***   116 233 ***
SALABERRY-DE-VALLEYFIELD 48 49 2   71 166 ***   119 215 81
SEPT-ÎLES 32 43 34   0 12 ***   32 55 72
SOREL-TRACY 71 92 30   62 144 ***   133 236 77
THETFORD MINES 27 25 -7   36 39 8   63 64 2
VAL-D'OR 78 69 -12   11 67 ***   89 136 53
VICTORIAVILLE 99 130 31   194 413 ***   293 543 85
                       
Subtotal (10,000 to 49,999)* 1,594 1,913 20   1,065 1,887 77   2,659 3,800 43
                       
                       
Quebec (estimate 10,000+) 9,235 10,521 14   16,930 21,764 29   26,165 32,285 23
 
* 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
    or
    Montreal
    Genevieve Lapointe
    Market Analyst
    514-496-8564
    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