December Housing Starts in New Brunswick
MONCTON, NB,
"With a year-over-year increase in both single and multiple starts in December, residential construction activity surpassed 2008's output for the month," said
A total of 81 multiple starts were recorded in December, which was almost double the total of 41 units recorded during the same month in 2008. Despite the strong showing in December, overall multiple starts were down 14 per cent to 1,259 units in 2009. "The overall, year-over-year decline in both single and multiple starts was not unexpected, as reduced demand throughout the year curbed residential construction activity in some provincial urban centres," continued Gautreau.
In urban centres across
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.
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1. Figures for the most recent month are preliminary and subject to
revisions due to corrections or updates from quarterly enumeration or
sampling results.
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PRELIMINARY URBAN MONTHLY HOUSING STARTS
NEW BRUNSWICK SUMMARY
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2009 2008 YEAR-TO-DATE
-------------------- % Change -------------------- % Change
DEC DEC 2009 2008
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ALL URBAN CENTRES WITH POPULATIONS GREATER THAN 50,000
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SAINT JOHN CMA
Single 28 34 -17.6% 369 488 -24.4%
Multiple 6 10 -40.0% 290 344 -15.7%
TOTAL 34 44 -22.7% 659 832 -20.8%
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MONCTON CMA
Single 35 24 45.8% 430 566 -24.0%
Multiple 54 16 (XX) 543 793 -31.5%
TOTAL 89 40 (XX) 973 1,359 -28.4%
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FREDERICTON CA
Single 28 17 64.7% 403 475 -15.2%
Multiple 18 13 38.5% 352 223 57.8%
TOTAL 46 30 53.3% 755 698 8.2%
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ALL URBAN CENTRES WITH POPULATION GREATER THAN 10,000*
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ALL CENTRES
Single 101 82 23.2% 1,361 1676 -18.8%
Multiple 81 41 97.6% 1,259 1464 -14.0%
TOTAL 182 123 48.0% 2,620 3,140 -16.6%
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Figures for the most recent month are preliminary and subject to
revisions due to corrections or updates from quarterly enumeration or
sampling results.
* Includes all centres with a total population of more than 10,000
(Saint John CMA, Moncton CMA, Fredericton CA, Bathurst CA,
Campbellton CA, Edmundston CA, and Miramichi City).
(XX) Indicates changes in excess of 100% which are not reported due to
volatility resulting from small absolute numbers.
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PRELIMINARY QUARTERLY HOUSING STARTS
NEW BRUNSWICK SUMMARY
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2009 2008 % Change YEAR-TO-DATE % Change
--------------------- from Q4 -------------------- from YTD
Q4 Q4 2006 2009 2008 2006
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ALL URBAN CENTRES WITH POPULATIONS GREATER THAN 10,000
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SAINT JOHN CMA
Single 97 124 -21.8% 369 488 -24.4%
Multiple 36 39 -7.7% 290 344 -15.7%
TOTAL 133 163 -18.4% 659 832 -20.8%
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MONCTON CMA
Single 131 150 -12.7% 430 566 -24.0%
Multiple 181 200 -9.5% 543 793 -31.5%
TOTAL 312 350 -10.9% 973 1,359 -28.4%
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FREDERICTON CA
Single 119 111 7.2% 403 475 -15.2%
Multiple 80 72 11.1% 352 223 57.8%
TOTAL 199 183 8.7% 755 698 8.2%
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BATHURST CA
Single 10 17 -41.2% 52 53 -1.9%
Multiple 3 6 -50.0% 50 55 -9.1%
TOTAL 13 23 -43.5% 102 108 -5.6%
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CAMPBELLTON CA
Single 5 2 (XX) 15 18 -16.7%
Multiple 8 0 - 8 0 -
TOTAL 13 2 (XX) 23 18 27.8%
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EDMUNDSTON CA
Single 7 9 -22.2% 35 37 -5.4%
Multiple 0 6 (XX) 16 32 -50.0%
TOTAL 7 15 -53.3% 51 69 -26.1%
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MIRAMICHI CA
Single 15 5 (XX) 57 39 46.2%
Multiple 0 0 - 0 17 (XX)
TOTAL 15 5 (XX) 57 56 1.8%
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ALL URBAN
CENTRES*
Single 384 418 -8.1% 1,361 1,676 -18.8%
Multiple 308 323 -4.6% 1,259 1,464 -14.0%
TOTAL 692 741 -6.6% 2,620 3,140 -16.6%
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Figures for the most recent month are preliminary and subject to
revisions due to corrections or updates from quarterly enumeration or
sampling results.
* Includes all centres with a total population of more than 10,000
(Saint John CMA, Moncton CA, Fredericton CA, Bathurst CA,
Campbellton CA, Edmundston CA, and Miramichi City).
(XX) Indicates changes in excess of 100% which are not reported due to
volatility resulting from small absolute numbers.
For further information: Claude Gautreau, CMHC Market Analysis Centre, (506) 851-2742, Cell: (506) 866-9002, [email protected]; visit www.cmhc.ca or call 1-800-668-2642
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