Quebec housing starts decrease in March



    MONTREAL, April 8 /CNW Telbec/ - According to the results of the latest
monthly starts survey conducted by Canada Mortgage and Housing Corporation
(CMHC), residential construction fell this past month in Quebec's centres with
10,000 or more inhabitants. In all, 2,561 dwellings were started in March,
compared to 2,968 a year earlier. However, the seasonally adjusted annual rate
of starts for the same month (35,400) was higher than for the month of
February (28,700). Nationally, the seasonally adjusted annual rate of housing
starts was 154,700 units in March, up from 136,100 in February.
    "The extent of the drop in March is in line with our forecast," said
Kevin Hughes, Senior Economist at CMHC for Quebec.
    In the census metropolitan areas (CMAs), housing starts fell by 16 per
cent in March (2,283 in 2009, compared to 2,717 in 2008). Except for the
Saguenay area, where activity remained stable, all CMAs registered decreases.
During this period, starts in the large census agglomerations (CAs) climbed by
17 per cent, thanks to the results recorded in the Drummondville and Granby
CAs (see table).
    In the single-detached home segment, there were 761 starts in March, down
9 per cent year-over-year. Two significant results should be noted in the
CMAs: a 24-per-cent decrease in the Montréal area and a twofold increase in
Gatineau. The large CAs, for their part, registered a 5-per-cent gain.
    As for the multiple-unit housing segment (semi-detached houses, row homes
and apartments), the survey revealed a more pronounced decrease (-15 per cent)
than in the single-detached home segment. Almost all the CMAs recorded
declines compared to March 2008. The opposite once again held true in the
large CAs, where starts increased by 29 per cent in this category (see table).
    "An analysis of the results by intended market shows that condominium
starts were down significantly from the same period last year. The March
survey revealed a 42-per-cent drop," 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-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.)

                                    March

                    Single-Detached          Others              Total
                   2008   2009     %   2008   2009     %   2008   2009     %
                  ------------------  ------------------  ------------------
    Centres with
     100,000+ inhab.
     (March)

    GATINEAU         31     62   100    182    116   -36    213    178   -16
    MONTREAL        521    394   -24  1,521  1,411    -7  2,042  1,805   -12
    QUEBEC          113    118     4    209     82   -61    322    200   -38
    SAGUENAY         11      6   -45      0      6  (xxx)    11     12     9
    SHERBROOKE       31     34    10     48     36   -25     79     70   -11
    TROIS-RIVIERES   16      8   -50     34     10   -71     50     18   -64

    Subtotal
     (100,000+)     723    622   -14  1,994  1,661   -17  2,717  2,283   -16

    Centres with
     50,000 to
     99,999 inhab.
     (March)

    DRUMMONDVILLE     9      8   -11      4     16  (xxx)    13     24    85
    GRANBY            8      7   -13     12     24   100     20     31    55
    SAINT-HYACIN-
     THE(*)           7      4   -43      4      6    50     11     10    -9
    SHAWINIGAN        2      1   -50      0      0     0      2      1   -50
    SAINT-JEAN-SUR-
     RICHELIEU       18     26    44     25     12   -52     43     38   -12

    Subtotal
     (50,000 to
     99,999)         44     46     5     45     58    29     89    104    17

    Centres with
     10,000 to
     49,999 inhab.
     (1st Quart.)

    ALMA              3      6   100      0      2  (xxx)     3      8  (xxx)
    AMOS              0      0     0      0      0     0      0      0     0
    BAIE-COMEAU       0      6  (xxx)     0      0     0      0      6  (xxx)
    COWANSVILLE       4      5    25      0     20  (xxx)     4     25  (xxx)
    DOLBEAU-
     MISTASSINI       4      1   -75      6      0  -100     10      1   -90
    GASPE             0      5  (xxx)     0      0     0      0      5  (xxx)
    JOLIETTE         43     61    42     15     18    20     58     79    36
    LA TUQUE          0      0     0      0      0     0      0      0     0
    LACHUTE           2      1   -50      0      2  (xxx)     2      3    50
    LES-ILES-DE-
     LA-MADELEINE    na      0    na     na      0    na     na      0    na
    MATANE            0      0     0      0      0     0      0      0     0
    MONT-LAURIER     na      1    na     na      0    na     na      1    na
    MONTMAGNY         0      0     0      0      6  (xxx)     0      6  (xxx)
    PREVOST          15      4   -73      0      0     0     15      4   -73
    RAWDON            3      4    33      0     14  (xxx)     3     18  (xxx)
    RIMOUSKI         17      9   -47     70     53   -24     87     62   -29
    RIVIERE-DU-LOUP   2      9  (xxx)     2      4   100      4     13  (xxx)
    ROBERVAL          1      1     0      2      0  -100      3      1   -67
    ROUYN-NORANDA     0      0     0      0      0     0      0      0     0
    SAINTE-ADELE     na      8    na     na      9    na     na     17    na
    SAINTE-MARIE      0      0     0      0      0     0      0      0     0
    SAINTE-SOPHIE    na     19    na     na     12    na     na     31    na
    SAINT-FELICIEN    3      1   -67      0      0     0      3      1   -67
    SAINT-GEORGES     4      7    75      0      0     0      4      7    75
    SAINT-LIN-
     LAURENTIDES     36      8   -78     14      4   -71     50     12   -76
    SALABERRY-DE-
     VALLEYFIELD     10      3   -70    113     21   -81    123     24   -80
    SEPT-ILES         0      1  (xxx)     0      0     0      0      1  (xxx)
    SOREL-TRACY      10     16    60     15     20    33     25     36    44
    THETFORD MINES    3      5    67      0      0     0      3      5    67
    VAL-D'OR          1      3  (xxx)     0      0     0      1      3  (xxx)
    VICTORIAVILLE    18     25    39     85     33   -61    103     58   -44

    Subtotal
     (10,000
     to 49,999)(*)  179    209    17    322    218   -32    501    427   -15

    Quebec
     (estimate
     10,000+)       839    761    -9  2,129  1,800   -15  2,968  2,561   -14

    (xxx) Absolute value greater than 100%

    (*) Data adjusted to reflect geographical definitions of the 2006 census.
        Les-Iles-de-la-Madeleine, Mont-Laurier, Prévost, Rawdon, Sainte-
        Adèle, and Sainte-Sophie now belong to the 10 000 to 49 999
        population category.



       Preliminary Results - Monthly Starts Survey - Province of Quebec
                        (centres with 10,000+ inhab.)

                               January to March

                         Single-Detached       Others            Total
                   2008   2009     %   2008   2009     %   2008   2009     %
                  ------------------  ------------------  ------------------
    Centres with
     100,000+
     inhab.

    GATINEAU        168    187    11    429    431     0    597    618     4
    MONTREAL      1,263    796   -37  4,138  2,957   -29  5,401 3,753    -31
    QUEBEC          269    231   -14    600    260   -57    869   491    -43
    SAGUENAY         25     14   -44     10     18    80     35    32     -9
    SHERBROOKE       95    113    19    101    146    45    196   259     32
    TROIS-RIVIERES   59     24   -59    127     50   -61    186    74    -60

    Subtotal
     (100,000+)   1,879  1,365   -27  5,405  3,862   -29  7,284 5,227    -28

    Centres with
     50,000 to
     99,999 inhab.

    DRUMMONDVILLE    47     32   -32     41     43     5     88     75   -15
    GRANBY           39     30   -23     49     92    88     88    122    39
    SAINT-
     HYACINTHE(*)    17      7   -59     26     26     0     43     33   -23
    SHAWINIGAN        5      3   -40      0      6  (xxx)     5      9    80
    SAINT-JEAN-
    SUR-RICHELIEU    44     35   -20     34     38    12     78     73    -6

    Subtotal
     (50,000 to
     99,999)        152    107   -30    150    205    37    302    312     3

    Centres with
     10,000 to
     49,999 inhab.

    ALMA              3      6   100      0      2  (xxx)     3      8  (xxx)
    AMOS              0      0     0      0      0     0      0      0     0
    BAIE-COMEAU       0      6  (xxx)     0      0     0      0      6  (xxx)
    COWANSVILLE       4      5    25      0     20  (xxx)     4     25  (xxx)
    DOLBEAU-
     MISTASSINI       4      1   -75      6      0  -100     10      1   -90
    GASPE             0      5  (xxx)     0      0     0      0      5  (xxx)
    JOLIETTE         43     61    42     15     18    20     58     79    36
    LA TUQUE          0      0     0      0      0     0      0      0     0
    LACHUTE           2      1   -50      0      2  (xxx)     2      3    50
    LES-ILES-DE-
     LA-MADELEINE    na      0    na     na      0    na     na      0    na
    MATANE            0      0     0      0      0     0      0      0     0
    MONT-LAURIER     na      1    na     na      0    na     na      1    na
    MONTMAGNY         0      0     0      0      6  (xxx)     0      6  (xxx)
    PREVOST          15      4   -73      0      0     0     15      4   -73
    RAWDON            3      4    33      0     14  (xxx)     3     18  (xxx)
    RIMOUSKI         17      9   -47     70     53   -24     87     62   -29
    RIVIERE-DU-LOUP   2      9  (xxx)     2      4   100      4     13  (xxx)
    ROBERVAL          1      1     0      2      0  -100      3      1   -67
    ROUYN-NORANDA     0      0     0      0      0     0      0      0     0
    SAINTE-ADELE     na      8    na     na      9    na     na     17    na
    SAINTE-MARIE      0      0     0      0      0     0      0      0     0
    SAINTE-SOPHIE    na     19    na     na     12    na     na     31    na
    SAINT-FELICIEN    3      1   -67      0      0     0      3      1   -67
    SAINT-GEORGES     4      7    75      0      0     0      4      7    75
    SAINT-LIN-
     LAURENTIDES     36      8   -78     14      4   -71     50     12   -76
    SALABERRY-DE-
     VALLEYFIELD     10      3   -70    113     21   -81    123     24   -80
    SEPT-ILES         0      1  (xxx)     0      0     0      0      1  (xxx)
    SOREL-TRACY      10     16    60     15     20    33     25     36    44
    THETFORD MINES    3      5    67      0      0     0      3      5    67
    VAL-D'OR          1      3  (xxx)     0      0     0      1      3  (xxx)
    VICTORIAVILLE    18     25    39     85     33   -61    103     58   -44

    Subtotal
     (10,000 to
     49,999)(*)     179    209    17    322    218   -32    501    427   -15

    Quebec
     (estimate
     10,000+)     2,216  1,683   -24  5,877  4,285   -27  8,093  5,968   -26

    (xxx) Absolute value greater than 100%

    (*)   Data adjusted to reflect geographical definitions of the 2006
          census. Les-Iles-de-la-Madeleine, Mont-Laurier, Prévost, Rawdon,
          Sainte-Adèle, and Sainte-Sophie now belong to the 10 000 to 49 999
          population category.
    




For further information:

For further information: Province of Quebec: Kevin Hughes, Senior
Economist, (514) 283-4488; Montréal: Bertrand Recher, Senior Market Analyst,
(514) 283-2758; Sherbrooke (Estrie): Francis Cortellino, Market Analyst, (514)
283-8391; Québec: Elisabeth Koulouris, Senior Market Analyst, (418) 649-8098;
Trois-Rivières (Mauricie): Marie-Elaine Denis, Market Analyst, (418) 649-8100;
Gatineau (Outaouais, Abitibi): Patrice Tardif, Senior Market Analyst, (514)
283-2097; Saguenay: Frédéric Brie, Market Analyst, (418) 649-8102


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