The survey conducted in January by Canada Mortgage and Housing Corporation (CMHC) revealed that residential construction was up in Quebec during that month. The total of 2,391 starts in urban centres with 10,000 or more inhabitants represents an increase of 7 per cent over January 2006. This increase was attributable to the start of two seniors residences in the Drummondville agglomeration, which brought the total for that city to 409 (compared to 96 in January 2006). "Already observed in 2006, construction of seniors residences outside major urban centres continues. As
we can see in the January results, the phenomenon can have a significant impact at the provincial level," stated Kevin Hughes, Provincial Economist at CMHC.
In the single-detached home category, Quebec posted a decrease of 20 per cent, as 616 houses were started in January 2007, compared to 772 during the same period last year. The Montréal (-28 per cent) and Gatineau (-43 per cent) census metropolitan areas (CMA) recorded significant losses, while the pace in the Quebec CMA was stable (113 vs. 111 in January 2006). In agglomerations of 50,000 to 99,999 residents, single-family home construction was also down by 20 per cent.
Multiple housing construction in urban centres rose by 21 per cent in January. The survey recorded 1,775 multiple housing starts, compared to 1,465 in January 2006. Other than the sharp increase recorded in the Drummondville agglomeration, the rise in starts of multi-family housing was especially strong in the Montreal (30 per cent) and Gatineau (over 100 per cent) areas. Meanwhile, the Quebec (-80 per cent) and Trois-Rivières (-55 per cent) CMAs posted notable drops.
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.
(*) 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.