2012 08 09 0900 EPW .pdf

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Title: Microsoft Word - Winnipeg EN_NR_August 2012 _Final_
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FOR IMMEDIATE REL

FOR IMMEDIATE RELEASE

Winnipeg housing starts moderate in July
Winnipeg, August 9, 2012 – According to preliminary data released today by Canada Mortgage and
Housing Corporation (CMHC), home builders in the Winnipeg Census Metropolitan Area (CMA) began
construction on 311 units in July, down from 419 in July 2011. Higher single-detached production was
offset by a decrease in the multi-family sector. After seven months, total housing starts for 2012
numbered 2,233 units.
“Despite the moderation in July, new home construction remains ahead of last year’s pace thanks to a
strong start earlier in the year. Housing demand in Winnipeg remains strong due to positive inmigration and employment gains,” said Dianne Himbeault, CMHC’s Senior Market Analyst based in
Winnipeg.
Single-detached builders began construction on 234 units last month, 19 per cent more than the 196
initiated in July 2011. After seven months of construction, single-detached starts totalled 1,179 units,
nine per cent more than were started during the same period last year.
The multi-family sector, which includes semi-detached units, rows, and apartments, saw 77 units
break ground in July, approximately one third of the 223 units started one year earlier. Despite the
moderation, multi-family construction remains strong in the Winnipeg CMA as population growth is
feeding demand for condominium and rental units. Of the 1,054 multi-family units started year-to-date,
872 units were apartments, 106 were rows, and 76 were semi-detached units.
As Canada's national housing agency, CMHC draws on more than 65 years of experience to help
Canadians access a variety of high quality, environmentally sustainable and affordable housing
solutions. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and
knowledge to support and assist consumers and the housing industry in making informed decisions.
For more information, visit www.cmhc.ca or call 1-800-668-2642. CMHC Market Analysis standard
reports are also available free for download at www.cmhc.ca/housingmarketinformation.
-30For further information, please contact:
Dianne Himbeault, Senior Market Analyst
(204) 983-0892
dhimbeau@cmhc.ca

Table 1 - Tableau 1
Preliminary Housing Starts in Manitoba / Mises en chantier préliminaires en Manitoba
July / juillet 2011-2012

Winnipeg CMA
Winnipeg City
Brandon
Total

Single-Detached
Maisons individuelles
2011
2012
196
234
155
186
20
15
216
249

%
19
20
-25
15

All Others
Autres
2011
2012
223
77
223
61
25
16
248
93

Total
%
-65
-73
-36
-63

2011
419
378
45
464

2012
311
247
31
342

%
-26
-35
-31
-26

Table 2 - Tableau 2
Preliminary Housing Starts in Manitoba / Mises en chantier préliminaires en Manitoba
January-July / janvier -juillet 2011-2012

Winnipeg CMA
Winnipeg City
Brandon
Total

Single-Detached
Maisons individuelles
2011
2012
1,080
1,179
909
956
56
61
1,136
1,240

Source: Market Analysis Centre, C.M.H.C.
-- % change equals or exceeds +/- 100%
Source: Centre d'analyse de marché, S.C.H.L.
-- Montant trop petit ou trop grand pour être pertinent

%
9
5
9
9

All Others
Autres
2011
2012
714
1,054
661
984
100
122
814
1,176

Total
%
48
49
22
44

2011
1,794
1,570
156
1,950

2012
2,233
1,940
183
2,416

%
24
24
17
24


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