 鲜花( 98)  鸡蛋( 0)
|
APARTMENTS BOOST HOUSING STARTS IN SEPTEMBER. |# T( g5 d `
* B" A- M8 F/ ?: ]- H; h$ y! ?Edmonton, October 9, 2007 – A surge in apartment starts across Greater Edmonton helped counter a
- ]* z5 i. e8 t S6 qcontinued slowdown in new single-detached activity during September. According to preliminary figures released
9 _4 ^) ]$ u) Y# G# x( O4 Z: Qtoday by Canada Mortgage and Housing Corporation (CMHC), housing starts within the Edmonton Census
* l! ^+ O; K* l8 }+ F& h7 ]! o8 Q# GMetropolitan Area (CMA) increased by 40.3 per cent from September 2006 to 1,978 units. So far this year, total
9 u x2 R/ y* `: m7 \housing starts have increased by 5.7 per cent over the numbers reported after three quarters of 2006.
9 U8 B! j/ V- hFollowing a 37 per cent year-over-year increase in August, multiple dwelling starts in September jumped by 150 per( R) c. [8 Q" P, q( |0 u
cent over the same month last year to 1,306 units. The majority of September’s new multiples were condominium
9 f" `3 o4 u, t) c' D; d* j0 tapartments located in Edmonton, Spruce Grove, Strathcona County and Beaumont. For the year-to-date, multiple
5 }# L8 ?# X" U! h4 y3 w, \8 vunit starts across Metro have increased by one third over activity levels reported in the first nine months of 2006.) l# B5 t* V3 p- y
“Multi-unit builders in the CMA are poised to exceed 6,000 units for the first time since 1982,” noted Richard
& a1 i0 k2 S ^$ N/ B) ?Goatcher, CMHC’s Senior Market Analyst for Edmonton.: i' H6 {5 C2 B9 |( E, m
h$ L/ ]: V w5 DFor the third month in a row, single-detached starts in September fell below last year’s record-setting pace. Builders% O$ u) |0 U4 Q- v
poured foundations for 672 units, representing a 24 per cent decline from September 2006. Single starts dropped by
6 D- Z- _! p8 a18.5 per cent in the third quarter compared with the number of units started in July through September of 2006.
1 o3 n/ D r; K9 c k, v“Although single starts for the year-to-date are off by 11 per cent compared with 2006, the single-detached house- x. [- W6 n! R9 H% r! f
building industry is still expected to achieve the second best year on record,” added Goatcher.
% P. w9 d( ~; H% m+ s9 C8 }$ _1 mTotal housing starts in Alberta’s seven largest cities increased year-over-year in September by 33 per cent to 4,1340 p, l# H$ w- b$ a3 w( ~; D
units. A major upswing in multiple dwelling units compensated for a combined 23 per cent pull-back in singledetached
! ~5 S. L9 z. J/ Dstarts. Six of the seven cities reported gains over September of last year, with only Medicine Hat
" [# X) {# D4 t9 `- x6 L9 oreporting a decline in total housing starts. |
|