New home starts in Regina and area ahead of last year.
Canada Mortgage and Housing Corp. (CMHC) reported a total of 358 single-detached and multiple-family units were started in Regina in April, more than doubling the 142 in April 2011.
- Single-family unit starts increased 59% from April 2011
- There were 229 multi-family unit starts in April, compared to 61 last year
Year-to-date (January 1 - April 30, 2012)
- 369 single-detached unit starts
- 726 multi-family starts
- A total of 1,095, more than double in the first four months of 2011
The Regina Home Builders' Association report that they expect more records to be broken this year. The housing starts (single and multi-family) that we've seen this year by the end of April exceeds the entire year's housing starts for five of the last 10 years.
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