Housing starts up

Residential construction starts in Red Deer last month were up 16 per cent from July 2008. And in the benchmark single-detached category, the year-over-year increase was 76 per cent.

Residential construction starts in Red Deer last month were up 16 per cent from July 2008. And in the benchmark single-detached category, the year-over-year increase was 76 per cent.

Canada Mortgage and Housing Corp. reports that work began on 43 homes in the city last month, including 37 single-detached houses.

A year ago, there were 37 residential starts, with 21 of these single-family projects.

Among Alberta’s seven largest cities, Red Deer was one of only three to record an increase in July. Lethbridge was up 34 per cent, thanks to big jump in multi-family starts; and the metropolitan area of Edmonton was 11 per cent higher, with single-detached construction accounting for the change.

July housing starts in the Rural Municipality of Wood Buffalo tumbled 87 per cent, in Medicine Hat they fell 76 per cent, Grande Prairie was off 59 per cent and the Calgary metropolitan area declined 14 per cent. The average of all seven centres was 19 per cent lower.

The increase in residential construction in Red Deer comes after city officials announced last week that just $5.5 million worth of residential building permits were issued in July. In June, the number was $10.2 million and in July 2008 it was almost $29 million.

For the year to date, residential construction in Red Deer continues to lag well behind the pace in 2008. The 203 housing starts during the first seven months of this year are 45 per cent fewer than the 371 recorded to the same point in 2008.

In the case of single-detached homes, the 147 starts accumulated so far this year are down 28 per cent from the 205 for the same period in 2008.

Nationally, CMHC reported that the number of housing starts hit a seasonally adjusted rate of 132,100 units in July, down from 137,800 in June. The agency estimated that there were 12,712 actual starts last month, down from 18,229 actual starts in July 2008.

It attributed the national decline to fluctuations in the condominium market and extreme weather in some areas.

Just Posted

Ride to Conquer Cancer cancels but Red Deerian keeps going

Enbridge Ride to Conquer Cancer was cancelled due to smoke

Red Deer woman saving animals at wildlife centre with TV show

Victoria Bolhuis, 22, interned at Hope for Wildlife for 10 weeks before moving into paid position

Record-breaking year in Red Deer for smoke

Expect more smoke in Red Deer Wednesday

Mustard Seed prepares people for workforce

Employment Readiness Fair to be held August 28

Updated Red Deer smoke free bylaw to ban smoking cannabis in public

Smoke Free Bylaw returns to Red Deer city council Sept. 4

Kim XO is Black Press Media’s fashionista

Starting Sept. 7, stylist Kim XO will host Fashion Fridays on the Life channel on Black Press Media

Liberals unveil poverty plan with lofty goals, but no new spending programs

OTTAWA — The minister in charge of Canada’s latest national plan to… Continue reading

Case of truck driver charged in Humboldt Broncos crash adjourned until October

MELFORT, Sask. — The case of a Calgary truck driver charged in… Continue reading

Animal crackers break out of their cages

After more than a century behind bars, the beasts on boxes of… Continue reading

Alligator kills woman trying to protect her dog at resort

HILTON HEAD ISLAND, S.C. — A woman who often walked her dog… Continue reading

Patients redirected as water leak shuts down Edmonton hospital’s emergency room

EDMONTON — Ambulances are being redirected to other hospitals after a water… Continue reading

Parks Canada moves second bison bull that wandered out of Banff National Park

BANFF — Parks Canada says a second bison bull that wandered out… Continue reading

Lottery for parent sponsorship to be replaced, more applications to be accepted

OTTAWA — The Trudeau government is scrapping an unpopular lottery system for… Continue reading

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month