Regina home builders started construction on 305 housing units in October, down from 376 in October 2013. This is largely due to a decline in single-detached housing starts.
Last month, 68 single family dwellings were started, down 39% from 111 in October last year, while multiple unit starts were down about 11% to 237 from 265 during the same period last year.
Total housing starts were 19% lower in October than a year ago due to reductions in both single detached and multi-family construction.
Several permits were issued in October for commercial construction including:
- An apartment building at 1050 Dorothy Street
- An apartment building at 1291 N McEachern Drive
- A new laundry plant at 730 Dethridge Bay in Ross Industrial Park
- Alterations to the City of Regina's waste water treatment plant at 100 Fleming Road
The value of the residential projects - including single family dwellings, duplexes and semi-detached dwellings, multi-attached dwellings and apartments - totalled $262.2 million for the first ten months, compared with $346.1 million for the same period last year.
If having a new place to call home is in your plan, contact any of our CENTURY 21 Dome Realty sales representatives - - they would be happy to answer any questions you may have. Click here to browse listings in and around Regina.
It's not too late to have a chance to win 21,000 AIR MILES® Reward Miles. Contest ends December 31, 2014. Buy or Sell with the help of a CENTURY 21 Dome Realty sales professional and your name will automatically be entered.