- Joined
- Sep 2, 2007
- Messages
- 12,690
Construction slowdown? It depends who you ask
Despite the high demand for housing in Wood Buffalo, construction starts from January to June are down significantly compared with the same time last year due to municipal staff shortages, according to the Canada Mortgage and Housing Corporation, or CMHC.
Between January and June in 2007, a total of 1,249 housing unit foundations were poured in Wood Buffalo, while in 2008 just 664 units was started in the same time period, a drop of about 47 per cent, a recent CMHC report states.
Those figures include everything from single-family homes to multiple-unit dwellings such as apartment buildings.
The CMHC collects its data by asking the municipality for the total number of permits issued, said Ian Moore, CMHC`s principal of surveys for the Prairie region. From there, the CMHC creates a survey list with the addresses for each permit and sends surveyors into developing areas to check for poured foundations after waiting a month.
http://www.fortmcmurraytoday.com/Local%20News/410617.html
Despite the high demand for housing in Wood Buffalo, construction starts from January to June are down significantly compared with the same time last year due to municipal staff shortages, according to the Canada Mortgage and Housing Corporation, or CMHC.
Between January and June in 2007, a total of 1,249 housing unit foundations were poured in Wood Buffalo, while in 2008 just 664 units was started in the same time period, a drop of about 47 per cent, a recent CMHC report states.
Those figures include everything from single-family homes to multiple-unit dwellings such as apartment buildings.
The CMHC collects its data by asking the municipality for the total number of permits issued, said Ian Moore, CMHC`s principal of surveys for the Prairie region. From there, the CMHC creates a survey list with the addresses for each permit and sends surveyors into developing areas to check for poured foundations after waiting a month.
http://www.fortmcmurraytoday.com/Local%20News/410617.html