Moncton CMA New Housing Starts May 2009

Total housing starts declined in the Moncton CMA by 40% from last May. Fredericton fell 55% while Saint John starts rose 30% in May. This brings the year to date housing starts in the Moncton CMA to 39% behind 2008. Fredericton is down 12.7% and Saint John is down just 2.3%.

Here are three charts I prepared to illustrate the year to end of May numbers supplied by the Canada Mortgage and Housing Corporation for the Saint John CMA, the Moncton CMA and the Fredericton CA.





 

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