Quebec residential construction continues to grow in July



    MONTREAL, Aug. 9 /CNW Telbec/ - The latest starts survey conducted by
Canada Mortgage and Housing Corporation (CMHC) revealed that residential
construction continued to grow in Quebec. In all, 3,154 new dwellings were
started in urban centres (10,000 or more inhabitants) this past July, for an
increase of 13 per cent over July 2006. The hikes were particularly notable in
the Saguenay census metropolitan area (CMA) (+68 per cent) and the Gatineau
area (+62 per cent), as well as in agglomerations with 50,000 to 99,999
inhabitants, which registered gains above 35 per cent (see table). It should
be noted that housing activity declined in Trois-Rivières and Sherbrooke.
    Multiple-family housing starts posted a gain of 22 per cent, an increase
that was almost six times greater than the rise in single-detached home
building (+4 per cent). In fact, construction got under way on 1,709 new
multi-family housing units, or 312 more than in July 2006. The increases
recorded in the Gatineau, Saguenay and Montréal areas offset the decreases of
more than 20 per cent noted in the other CMAs across Quebec. Multiple-family
housing starts more than doubled in Gatineau and rose by 92 per cent in
Saguenay. In the Montréal CMA, the gain was more modest (+18 per cent). In
addition, activity was very dynamic in all agglomerations with 50,000 to
99,999 inhabitants. Overall, multiple-family housing starts more than tripled,
with 157 new units enumerated this past July, compared to 47 in July 2006.
    Although the single-detached home segment registered a rather modest gain
(1,445 starts, versus 1,385 in July 2006), all CMAs, with the exception of
Montréal, showed clearly better results than the provincial performance. The
increases in starts observed in Saguenay (+37 per cent), Québec
(+26 per cent), Gatineau (+17 per cent), Sherbrooke (+17 per cent) and
Trois-Rivières (+11 per cent) were well above the gain recorded for the
province overall (+4 per cent). The Montréal CMA, for its part, registered an
increase (+5 per cent) that was similar to the provincial gain. In
agglomerations with 50,000 to 99,999 inhabitants, the results were more mixed.
Single-detached home starts more than tripled in Shawinigan and rose by
21 per cent in Granby and by 3 per cent in Drummondville. Saint-Hyacinthe and
Saint-Jean-sur-Richelieu, on the other hand, showed decreases in activity of
33 per cent and 13 per cent, respectively.
    Since the beginning of the year, that is, from January to July, starts
across the province are up by 6 per cent (urban centres with 10,000 or more
inhabitants) over a year earlier, and activity shows a more substantial gain
in the multiple-family housing segment (+10 per cent) than in the
single-detached home segment (+2 per cent). Year-to-date starts in Quebec have
reached 22,790 units, including 13,331 multiple-family housing units and 9,459
single-detached houses. "In some areas of Quebec, the fact that semi-detached
and row homes, as well as condominiums are gaining in popularity to the
detriment of single-detached houses and also the construction of several
retirement homes in different areas of Quebec are helping to support strong
activity in the multi-family housing segment," explained Sandra Girard, Senior
Market Analyst at CMHC.

    Canada Mortgage and Housing Corporation (CMHC) has been Canada's national
housing agency for more than 60 years. CMHC is committed to helping Canadians
access a wide choice of quality, affordable homes, while making vibrant,
healthy communities and cities a reality across the country. For more
information, visit www.cmhc.ca or call 1-800-668-2642.

    
    A backgrounder is attached.


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

                                     July

                           Singles            Multiples                Total
                 2006   2007     %   2006   2007      %   2006   2007      %
               -------------------- -------------------- --------------------

    Centres with
     100,000+ inhab.

    GATINEAU       121    141   17     82    188   (xxx)   203    329     62
    MONTREAL       601    629    5    807    949     18  1,408  1,578     12
    QUEBEC         192    241   26    213    168    -21    405    409      1
    SAGUENAY        30     41   37     39     75     92     69    116     68
    SHERBROOKE(*)   63     74   17     62     44    -29    125    118     -6
      SHERBROOKE
       (2001
       geography)   63     65    3     62     40    -35    125    105    -16
      MAGOG        N/A      9  N/A    N/A      4    N/A    N/A     13    N/A
    TROIS-
     RIVIERES       37     41   11     54     24    -56     91     65    -29

    Subtotal
     (100,000+)  1,044  1,167   12  1,257  1,448     15  2,301  2,615     14
      Subtotal
       (excluding
        Magog)   1,044  1,158   11  1,257  1,444     15  2,301  2,602     13

    Centres with
     50,000 to
     99,999 inhab.

    DRUMMONDVILLE   39     40    3      6     33   (xxx)    45     73     62
    GRANBY          33     40   21     15     44   (xxx)    48     84     75
    SAINT-
     HYACINTHE(*)    9      6  -33      5     21   (xxx)    14     27     93
    SAINT-JEAN-
     SUR-RICHELIEU  47     41  -13     17     47   (xxx)    64     88     38
    SHAWINIGAN      11     37 (xxx)     4     12   (xxx)    15     49   (xxx)

    Subtotal
     (50,000 to
      99,999)      139    164   18     47    157   (xxx)   186    321     73

    Quebec
     (estimate
      10,000+)   1,385  1,445    4  1,397  1,709     22  2,782  3,154     13


                               January to July

                           Singles            Multiples                Total
                  2006   2007    %   2006   2007      %   2006   2007      %
               -------------------- -------------------- --------------------

    Centres with
     100,000+ inhab.

    GATINEAU       654    599   -8    615    865     41  1,269  1,464     15
    MONTREAL     4,805  4,847    1  7,090  7,855     11 11,895 12,702      7
    QUEBEC       1,415  1,412    0  1,776  1,707     -4  3,191  3,119     -2
    SAGUENAY       160    209   31    116    139     20    276    348     26
    SHERBROOKE(*)  367    362   -1    648    451    -30  1,015    813    -20
      SHERBROOKE
       (2001
       geography)  313    321    3    581    321    -45    894    642    -28
      MAGOG        N/A     41  N/A    N/A    130    N/A    N/A    171    N/A
    TROIS-
     RIVIERES      204    238   17    314    366     17    518    604     17

    Subtotal
     (100,000+)  7,605  7,667    1 10,559 11,383      8 18,164 19,050      5
      Subtotal
       (excluding
        Magog)   7,605  7,626    0 10,559 11,253      7 18,164 18,879      4

    Centres with
     50,000 to
     99,999 inhab.

    DRUMMONDVILLE  210    201   -4    133    496   (xxx)   343    697   (xxx)
    GRANBY         162    193   19    189    148    -22    351    341     -3
    SAINT-
     HYACINTHE      49     51    4    160    117    -27    209    168    -20
    SAINT-JEAN-
     SUR-RICHELIEU 310    326    5    116    420   (xxx)   426    746     75
    SHAWINIGAN      70     70    0    259     12    -95    329     82    -75

    Subtotal
     (50,000 to
      99,999)      801    841    5    857  1,193     39  1,658  2,034     23

    Quebec
     (estimate
      10,000+)   9,318  9,459    2 12,131 13,331     10 21,449 22,790      6

    (xxx) Absolute value greater than 100%

    (*) Data adjusted to reflect geographical definitions of the 2006 census.
        Saint-Hyacinthe now belongs to the 50 000 to 99 999 population
        category. The Sherbrooke CMA now includes the former agglomeration of
        Magog. It is however impossible to adjust the 2006 monthly totals for
        Sherbrooke according to it's new definition as Magog was previously
        enumerated on a quarterly basis.
    




For further information:

For further information: Province of Quebec: Sandra Girard, Senior
Market Analyst, (514) 283-5075, sgirard@cmhc.ca; Montréal: Astrid Joseph,
Market Analyst, (514) 496-8564, ajoseph@cmhc.ca; Québec, Sherbrooke (Estrie),
Trois-Rivières (Mauricie): Hélène Dauphinais, Senior Market Analyst, (819)
564-5622, hdauphin@cmhc.ca; Saguenay: Frédéric Brie, Market Analyst, (418)
649-8102, fbrie@cmhc.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890