Property News · January 11, 2017

BC housing starts hit highest level in decades last year


By Emma Crawford Hampel

Housing starts in British Columbia, Canada increased to 41,800 units on an annualised basis in December, according to Canada Mortgage and Housing Corporation, giving last year the province’s highest yearly total since 1993.

In Vancouver alone, starts reached 26,500 annualised units in December, which is up from 22,400 in December 2015.

Across Canada, starts increased to 207,000 annualised units in December, compared with 170,900 units in December 2015. BMO…

Source : South China Morning Post
Read more…BC housing starts hit highest level in decades last year