Portrait of the Greater Montréal, 2010 edition - Communauté ...

4.3 Housing constructionMarked increase in housing startsthroughout the area since the late 1990sWith the rebound in economic and demographic growthat the end of the 1990s, Greater Montréal saw a markedincrease in housing starts in each of its five geographicsectors. The number of housing starts peaked in 2004,however, and since then has been declining, in particularin the Montréal agglomeration and on the North Shore. In2009, despite the renewed economic slowdown, the numberof housing starts in the area remained considerably higherthan in the 1990s.Between 2002 and 2009, residential construction wasparticularly healthy, as just over 175,000 new housing unitswere built in the area. The highest proportion of thesehousing units (33%) went up in the Montréal agglomeration.One-quarter (25%) of all new homes were built on theNorth Shore, 19% on the South Shore, 13% in Laval and10% in the Longueuil agglomeration.Trends in housing starts (nbr), Greater Montréalsectors, 1991-200912,00010,0008,0006,0004,0002,00001991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Montréal agglomerationLavalNorth ShoreLongueuil agglomerationSouth ShoreSource: Canada Mortgage and Housing Corporation, special compilation basedon the Starts and Completions Survey, 1991 to 2010.Calculations by the CMM, 2010.land useMarket share of housing starts in Greater Montréal (%) by municipality, 2002-2009Market share of housing starts in GreaterMontréal (%) by geographic sector,2002-200931Geographic sectors Housing starts Market shareMontreal agglomeration 57,420 32.5%Longueuil agglomeration 17,863 10.1%Laval 23,579 13.4%North Shore 44,139 25.0%South Shore 33,617 19.0%Greater Montréal 176,618 100.0%Source: Canada Mortgage and Housing Corporation, special compilation based on the Starts and Completions Survey, 2002 to 2010. Calculations by the CMM, 2010.