 鲜花( 98)  鸡蛋( 0)
|
APARTMENTS BOOST HOUSING STARTS IN SEPTEMBER, D+ q+ V' P. V. a$ x5 c- D& z
- M9 k! G+ I Q. C3 x2 H4 A" e m" a
Edmonton, October 9, 2007 – A surge in apartment starts across Greater Edmonton helped counter a
% M% j' {& O. P4 |4 p7 U7 jcontinued slowdown in new single-detached activity during September. According to preliminary figures released: J1 \( @* ^: \: J: ?
today by Canada Mortgage and Housing Corporation (CMHC), housing starts within the Edmonton Census
. h5 K: d- \4 gMetropolitan Area (CMA) increased by 40.3 per cent from September 2006 to 1,978 units. So far this year, total
1 `8 w' p( m( ^/ r. N& `# L/ Jhousing starts have increased by 5.7 per cent over the numbers reported after three quarters of 2006.1 @# Y# f( S: \
Following a 37 per cent year-over-year increase in August, multiple dwelling starts in September jumped by 150 per
4 u7 @/ J- W, Ycent over the same month last year to 1,306 units. The majority of September’s new multiples were condominium
- R/ b5 Z, ~* q. f* capartments located in Edmonton, Spruce Grove, Strathcona County and Beaumont. For the year-to-date, multiple
2 ]% {0 A% V( U& l- s' junit starts across Metro have increased by one third over activity levels reported in the first nine months of 2006.
; j! U& y* T# ?; d“Multi-unit builders in the CMA are poised to exceed 6,000 units for the first time since 1982,” noted Richard
- C" h# ~! H4 b# {9 a$ ~Goatcher, CMHC’s Senior Market Analyst for Edmonton.4 G) D% W# C1 Y! I2 c% S7 t& q4 p
5 G: R9 r* T0 @" C8 t! o# x
For the third month in a row, single-detached starts in September fell below last year’s record-setting pace. Builders
& `1 F+ h5 i6 v0 T( W' Ipoured foundations for 672 units, representing a 24 per cent decline from September 2006. Single starts dropped by) ?. |4 c, @5 h7 G
18.5 per cent in the third quarter compared with the number of units started in July through September of 2006.& S4 p+ h5 p& ^1 j8 R
“Although single starts for the year-to-date are off by 11 per cent compared with 2006, the single-detached house* `" V, v# V7 X
building industry is still expected to achieve the second best year on record,” added Goatcher., O+ R/ U6 C3 H) `- ^8 K
Total housing starts in Alberta’s seven largest cities increased year-over-year in September by 33 per cent to 4,1346 e& D3 a5 \5 V! }
units. A major upswing in multiple dwelling units compensated for a combined 23 per cent pull-back in singledetached
" R. y) B0 `- g, {2 K2 rstarts. Six of the seven cities reported gains over September of last year, with only Medicine Hat$ f& Y/ p# Z- K& N* u8 j# c
reporting a decline in total housing starts. |
|