Building Stats Just Keep on Climbing
Prince George, B.C. – The latest new home start stats from Canada Mortgage and Housing show no slowdown in the number of housing starts in Prince George.
Last month, there were 21 single family homes, and 42 multiple family units started in Prince George for a monthly total of 63. That’s more than three times the total starts for June of 2014 which saw 15 single family homes and 2 multiple family units started.
The year to date figures are just as impressive with 147 housing starts in the first six months of the year ( 81 single and 66 multiple units) compared to January to June of last year when there were 53 singles and 5 multiples started for a total of 58 starts in the first six months of the year.
It is Fort St. John which is seeing a real building boom in the north. As of the end of June this year, there have been 250 housing starts up from 66 posted during the same period last year. In Ft. St. John, the bulk of the new building starts come in the way of multiple family units with 195 during the first half of this year, compared to just 30 such starts in the same period a year ago.
Year to date starts are down in Quesnel and Williams Lake, as each community had just six in the first 6 months of the year ( all single family dwellings) compared to 9 in the same period of 2014.
Terrace has also seen a decline with 32 starts in the first six months of 2015, compared to 51 starts January to June of 2014.