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September 24, 2017 12:35 pm

Single Family Housing Starts Up In August

Wednesday, September 13, 2017 @ 5:58 AM

Prince George, B.C. – Canada Mortgage and Housing’s latest stats show housing starts in August in Prince George were up over the same month a year ago, but the year to date numbers are down because of  fewer starts  for multiple family  units.

Last month,  CMHC says there were 27 single family homes started in P.G.  That compares to 19 such starts in August of 2016. Multiple family unit starts were also  up last month compared to  the same month a year ago.  There were  8  multi-family units started in August of this year, compared to 2  in August of 2016.

Overall,  August had a  total of  35 housing starts,  up from 21 recorded  in the same month a year ago.

The year to date story is a little different,  largely because of  fewer multiple family unit starts  this year compared to last.

Stats from January 1st to August 31st of 2017  show 122  single family dwelling starts  in Prince George,  up from  113  for the same eight months  of 2016.   But there were only 35 multiple family  units started  during that period this year, compared to  118  in the same 8 months  of 2016.

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