Thursday, May 8, 2008

Housing starts down in April, according to CMHC

Written by Citizen Staff
Thursday, 08 May 2008


Starts on construction of new single detached homes in Prince George declined last month in comparison with the same month a year ago, according to the latest release from the Canada Mortgage and Housing Corporation (CMHC).
In April there were 16 starts on new single-family homes, down 20 per cent from the 20 recorded in April 2007, CMHC statistics show.
Year-to-date figures are also down.
Between Jan. 1 and April 30 of this year work began on a total of 44 single detached homes, down 33.3 per cent from 66 starts on single-family homes during the same four months of 2007.

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