Section: Real-estate
MARCH 2016 HOUSING STARTS IN QUEBEC
Published on by Communication service
MARCH 2016 HOUSING STARTS IN QUEBEC
Housing starts in Quebec were trending at 32,608 units in March, compared to 35,335 units in February, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
Investment in new housing construction, January 2016
Published on by Communication service
Investment in new housing construction, January 2016
Investment in new residential building construction increased 3.9% year over year to $3.7 billion in January.
Nationally, the increase was driven by higher spending on apartment and apartment-condominium buildings (+19.9%) and row houses (+7.6%) in January. Conversely, investment in single-family dwellings fell 4.0% from January 2015, and spending on semi-detached buildings decreased 16.4%.
FEBRUARY 2016 HOUSING STARTS IN QUEBEC
Published on by Communication service
FEBRUARY 2016 HOUSING STARTS IN QUEBEC
Housing starts in Quebec were trending at 35,296 units in February, compared to 34,690 units in January, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.
Canadian home sales push higher in February
Published on by Communication service
Canadian home sales push higher in February
The number of homes trading hands via Canadian MLS® Systems rose by 0.8 percent in February 2016 compared to January. The monthly increase lifted national sales activity to the highest level since June 2007.
A greater number of local housing markets posted a monthly decline in sales activity than posted a monthly increase; however, the latter accounted for a larger share of national transactions.
Building permits, January 2016
Published on by Communication service
Building permits, January 2016
Municipalities issued building permits worth $6.4 billion in January, a decline of 9.8% from the previous month. This decline, which followed a 7.7% increase in December, was largely due to lower construction intentions for multi-family dwellings in British Columbia and Ontario and, to a lesser extent, institutional buildings in Quebec and Alberta.
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