Regina Housing Starts Steady in October

 

During the month of October 2012 there were 273 residential housing starts (101 single-detached and 172 multi-family units) which is on par with the 274 starts in October 2011. http://onlineoffice.century21.ca/Images/28847/88258046-b98f-49c3-a875-9df366133281.jpg

 

As published in the Leader Post, Canada Mortgage and Housing Corp. (CMHC) reported that in the first 10 months of 2012, total housing starts in Regina are up 76% compared to the same time last year.

 

Residential starts in the first 10 months of 2012 compared to the first 10 months of 2011:

  • Total starts: 2,493 units in 2012 - 1,414 in 2011
  • Single detached units: 1,134 units in 2012 - 782 in 2011
  • Multi-family units: 1,359 units in 2012 - 632 in 2011

In Saskatchewan, urban housing starts are up by 33.4% in the first 10 months of 2012 compared to the same period in 2011. This is the highest percentage increase in Canada. Across the province, single-detached units increased by 29.7% while multi-family starts jumped by 37.4%.

 

If you're planning to build a new home or looking for your first home, investment or commercial property, check out my website at www.century21.ca/mark.cullen. I can help you with all your real estate needs.

http://onlineoffice.century21.ca/Images/28847/96dbd5a9-68c5-4917-8c31-21da99c4798c.jpg

Mark Cullen

Mark Cullen

Affiliated Real Estate Agent
CENTURY 21 Dome Realty Inc.
Contact Me

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