Starts gap narrowing

The gap between the pace of housing starts in 2009 versus 2008 continues to narrow. Canada Mortgage and Housing Corp. reported on Monday work began on 69 new homes in the city last month. That’s up from 42 last October. It’s the fifth consecutive month that residential construction activity has exceeded that from the same period in 2008.

The gap between the pace of housing starts in 2009 versus 2008 continues to narrow.

Canada Mortgage and Housing Corp. reported on Monday work began on 69 new homes in the city last month. That’s up from 42 last October. It’s the fifth consecutive month that residential construction activity has exceeded that from the same period in 2008.

After lagging far behind the 2008 tally to start the year, total housing starts in Red Deer number 414 after 10 months, 12 per cent behind last year’s pace, when work had started on 468 homes in the city.

In the case of single-detached projects, the difference is down to six per cent, with 280 starts this year as compared with 298 in 2008.

There were 53 starts on single-detached houses in Red Deer during the most recent month, up 26 per cent from October 2008, when the figure was 42. In the case of multi-family units, work started on 16 last month, while in October 2008 there was none.

Looking at Alberta’s seven largest urban areas, only Lethbridge had a smaller year-over-year decline in housing starts than Red Deer. The 10-month tally for the Southern Alberta city was down seven per cent this year.

The Edmonton metropolitan area was 24 per cent lower, the Regional Municipality of Wood Buffalo was down 34 per cent, Grande Prairie slid 41 per cent, the Calgary metropolitan area declined 54 per cent and Medicine Hat was off 53 per cent from 2008.

Despite its rebound as compared with last year, Red Deer’s 2009 housing start total remains well behind the record pace of 2007. That year, work on 1,358 homes had begun by the end of October: 873 single-detached homes and 485 multi-family units.

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