Regina Home Builders had a busy October

Canada Mortgage and Housing Corp. (CMHC) reported that there were 274 housing units started in October, almost triple from October 2010,  This brings the total starts year-to-date to more than 1,400 making this the best year for  starts in a decade.

Housing Starts in Regina
Unit Type October 2011 October 2010
Multi-Family Units 182 36
Single Detached Units 92 59

In Saskatchewan, home builders will have over 4,000 single-detached homes and 2,350 multi-family unit starts this year.  In 2012, it is expected that a strengthening economy due to job growth, rising incomes, and sustained in-migration will maintain housing demand and result in similar activity.

Are you in the market for a new home? Our experts at CENTURY 21 Dome Realty can help. They have the expertise needed to make your real estate experience a positive one.

Visit www.century21dome.com today.

 

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