Section: Real estate

MARCH 2016 HOUSING STARTS IN QUEBEC

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MARCH 2016 HOUSING STARTS IN QUEBEC -

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 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

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FEBRUARY 2016 HOUSING STARTS IN QUEBEC -

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 -

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

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Building permits, January 2016 -

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.