Numbers from the City of Brandon suggest that the overall pace of construction is slower this year than last, but housing is slightly ahead of last year’s pace, despite a September slowdown.
At the end of the third quarter of 2013, some $74.4 million in total construction permits had been issued in the city. That’s down from $97.3 million issued in the same period last year.
September 2013 building permit numbers were released by the city yesterday. They’re half what was recorded a year ago — about $10.7 million in September this year compared to $20.5 million in September 2012.
Bright spots in the local construction industry in September are the commercial and educational sectors. A $3.6-million gymnasium at George Fitton School helped bring the year-to-date educational and institutional totals up to $7.1 million — an increase from $5 million at this point last year.
Commercially, a $2-million month in September is eight times better than last year, but that’s not enough to match year-to-date numbers. At this point last year, commercial construction totalled $22.9 million. It’s just $13.6 million this year.
Residential construction was slower this September than last September, but it wasn’t enough to fall behind last year’s overall pace. This year, about $5 million in housing permits were issued in September, for 17 dwelling units.
That’s well down from the $8.7 million in permits issued last year in September, for 44 dwelling units.
But for the year to date, 2013 is still doing slightly better than 2012. Residental construction for the first three-quarters of the year total $48.7 million. That’s up from $45.9 million by this point last year.
However, builders are getting less bang for their buck. So far this year, there have been 234 housing starts in Brandon. That’s down from 261 starts in the first nine months of 2012.
In the wider Brandon area, construction in the RM of Cornwallis is about half a million behind where it was in 2012, while construction in the RM of Elton is about $350,000 ahead.
» Brandon Sun
Republished from the Brandon Sun print edition October 10, 2013