Section: Real-estate

Canada’s Purpose-Built Rental Vacancy Rate Increases

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Canada’s Purpose-Built Rental Vacancy Rate Increases -

Canada’s Purpose-Built Rental Vacancy Rate Increases

Canada’s 35 larger centres saw the average vacancy rate in privately initiated purpose-built rental apartments increase to 3.3 per cent in October 2015, from 2.8 per cent in October 2014, according to preliminary data from the fall Rental Market Survey released today by Canada Mortgage and Housing Corporation (CMHC).

Building permits, September 2015

Published on by Communication service

Building permits, September 2015 -

Building permits, September 2015

Municipalities issued $7.1 billion worth of building permits in September, down 6.7% from the previous month. This was the second consecutive monthly decline. Lower construction intentions for residential buildings and commercial structures in Ontario largely explained the decline.

QUEBEC HOUSING STARTS TO MODERATE IN 2016-2017

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QUEBEC HOUSING STARTS TO MODERATE IN 2016-2017 -

QUEBEC HOUSING STARTS TO MODERATE IN 2016-2017

Quebec housing starts will moderate this year and increase slightly next year, according to the latest forecasts conducted by Canada Mortgage and Housing Corporation (CMHC).

"Gradual  acceleration  of  Quebec’s  economic  growth  will  provide  some  stimulus  to  housing demand in 2016 and 2017. As a result, the province’s resale markets will slightly tighten and prices will remain sustained,” said Kevin Hughes, CMHC Regional Economist.  “Meanwhile, the effects of population aging  in the province  will  contribute to  residential construction, in particular to the multi-family market segment".

SEPTEMBER 2015 HOUSING STARTS IN QUEBEC

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SEPTEMBER 2015 HOUSING STARTS IN QUEBEC -

SEPTEMBER 2015 HOUSING STARTS IN QUEBEC

Selon  la  Société  canadienne  d’hypothèques  et  de logement  (SCHL),  la  tendance  des  mises  en  chantier  d’habitations  dans  les  centres  urbains  du Québec  se chiffrait à  35  486  en  septembre,  comparativement à  32  477  en  août. Cette tendance correspond à la moyenne mobile  de six mois  du nombre mensuel désaisonnalisé et annualis

Housing starts in Quebec were trending at 35,486 units in September, compared to 32,477 units in August, 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.

é  (DDA) de mises en chantier d’habitations.

Building permits, August 2015

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Building permits, August 2015 -

Building permits, August 2015

The total value of building permits decreased 3.7% to $7.5 billion in August, following increases of 15.5% in June and 0.7% in July (revised data). The decline was attributable to lower construction intentions in most provinces, mainly British Columbia, Alberta, Quebec and Saskatchewan.