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Triple M Housing | Phone: 403-320-8588 | Fax: 403-320-9004
info@mmmhousing.com | www.triplemhousing.com
NEW EMPLOYEES

Sandra Hanson is the new Payroll and Benefits Administrator for Triple M Housing.   She started with the company at the beginning of February.  She comes from a local company here in Lethbridge where during her 19 years there she had performed numerous job functions including payroll, accounts payable and accounts receivable.  Please join us in welcoming Sandra to the Triple M team.


Triple M Housing's Green Initiative focuses on how modular building and the modular building process here at Triple M effects the environment. Studies show that Modular Construction produces 43% less CO2 Emissions and 70% less Waste than traditional site built construction. Through recycling programs here at Triple M, an astounding 52% of the waste created in our building process is recycled (on average). Studies have also shown that Modular Construction takes 40% less time than traditional site built construction. Wow! Why wouldn't you choose modular!

Spring is almost here and we are looking forward to the upcoming Spring & Summer building season. Remember to get your orders in early to beat the building rush!

Housing starts show economic improvement

Housing starts offer a good way to assess economic confidence, as they give us an indication as to where we are in the economic cycle. After a rough January, homebuilders managed to find new projects in February, suggesting Alberta is starting to emerge from two years of recession.

Last month saw home builders start work on close to 27,000 homes; that's a 40 per cent increase from the start of the year and a 17 per cent increase from the same month a year earlier. These figures are seasonally adjusted and reported at annualized rates-that is, as the number of homes that would be built over the course of a full year if the same pace of activity were maintained for 12 months. From February of this year to March of last, a total of 24,524 were built (based on the average of the 12 months). That's down from 34,156 one year earlier (-28.2 per cent).

While February's jump in housing starts is positive news, it's important to not pull too many conclusions from a single monthly increase. Alberta continues to see higher levels of unabsorbed housing (houses that have no binding agreement to rent or sell) prompted by outmigration from the province.

The province's economy will only modestly recover this year and Alberta's unemployment rate will lag in that recovery. Collectively, these factors suggest Albertans are unlikely to push new housing demand back up to record highs and may actually keep a lid on housing starts this year.



Hints & Tips

Looking for a new home this Spring?
Visit our "Find A Dealer" page on our website www.triplemhousing.com to find the Triple M Housing retailer nearest you!
Stop by their sales centers to walk through show homes, browse floor plans and discuss your new home plans!

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