HOUSING CONSTRUCTION AHEAD OF LAST YEAR
While the weather was still cool in March, construction activity in Regina was hot. Building Permits were issued for 390 units in March which almost doubled last year's 170 units for the same month.
From January to March, construction began on 810 housing units, nearly double the 429 units built during the first quarter of 2012.
Regina Mayor, Michael Fougere, said housing is a priority for the city. Building permits are another indicator that our economy is strong and continues to grow.
Commercial construction is also booming with building permits issued in March for a strip mall development on Tregarva Drive, renovations at the Regina Inn on Broad Street, a new apartment to be constructed on Haughton Road, and an apartment on Little Pine Loop.
It looks like new housing and commercial construction in 2013 could surpass 2012 which was a record year for construction in the Queen City.
Are your real estate needs changing? If you are considering a move, please contact Ryan Biberdorf at 306-737-1222.