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.
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Posted by Lorrie Howe
on November 15, 2011