New housing starts rebounding in 2012 0
The construction sector saw new housing starts begin to pick up the pace in the Morden - Winkler region of southern Manitoba through the fall of 2011, but it's the City of Winkler that led the way with the Town of Morden still lagging behind, according to recent statistics from the MSTW Planning District. Lorne Stelmach; Morden Times
By Lorne Stelmach
New housing starts have risen across the Morden and Winkler region in 2012.
After having slowed during the economic downturn, new construction began to rebound last year and has picked up the pace this year.
That is reflected in the building development permit report of the MSTW (Morden Stanley Thompson and Winkler) Planning District for the first five months of the year to the end of May.
MSTW board chairperson Henry Siemens said the increase in the development statistics in the first half of the year had exceeded their expectations.
"The numbers are quite a bit ahead," said Siemens, who noted some more permits for significant developments in June will boost the numbers in the next report even further.
He suggested they were not surprised to see the increase in single new housing starts but the bonus for the region is the addition of new duplex and multiple family projects as well.
"We're seeing a lot of those different types of developments coming along ... and the affordability factor than gets better too with those kinds of housing options," added Siemens, who noted the apartment vacancy rate in the area right now is virtually nil.
In the region as a whole, single housing starts had doubled from 45 to 91, while the number of new duplex units were up from four to 18 and multiple family units had risen from 89 to 110. That means the total number of new housing units in the region had increased from 138 to 219.
Permits for all residential construction had increased from 125 to 217, while the value of the new development had also risen from $23.5 to $32.8 million.
New single housing starts were valued at $15.6 million, while the new multiple family residential units were valued at $11.7 million.
Building permits overall in the district had increased from 173 to 271, while the value of the development had risen from $34.2 to $41.6 million.
The boost has come almost entirely from the residential sector, while new construction in other sectors including for commercial and industrial use have remained relatively stable.
Here is a look at how the pace of new development broke down in Winkler, Morden and the Rural Municipality of Stanley.
- Total permits - up from 40 to 59; value of the development is down from $16.5 to $5.2 million.
- Residential development - total new residential units are down from 96 to 29. Single housing units are up from 11 to 23; duplex units are down from two to zero; multiple family units are down from 83 to 6.
The number of housing units and the development value were inflated in 2011 by the construction of the new Homestead Manitoba assisted living complex.
- Residential permits - increase from 30 to 50; value of development decreased from $14.4 to $4.8 million; value of new single housing starts just over $4 million.
- Total permits - increase from 82 to 142; value of the development is also up from $11.3 to $26.5 million.
- Residential development - total new residential units are up from 27 to 172. Single new housing units are up from 19 to 50; duplex units have risen from two to 18; multiple family units are up from six to 104.
- Residential permits - increase from 50 to 111; value of development increased from $5 to $22.6 million; value of new single housing starts at $8.1 million and of new multiple family development at $11.3 million.
RM of Stanley
- Total permits - increase from 44 to 67; value of the development is also up from $5.7 to $9.8 million.
- Residential development - total new residential units are up from 11 to 18 and are all single new housing units.
- Residential permits - increase from 39 to 54; value of development increased from $3.4 to $5.3 million; value of new single housing starts at $3.4 million.