Housing Starts Up In May
Prince George, B.C.- The latest stats from Canada Mortgage and Housing indicate a boost in the number of single and multiple family housing units started last month in Prince George.
Last month, there were 26 single family homes starting construction , more than double the 12 started in the same month a year ago.
As for multiple family units CMHC says there were 8 such starts in May, up from 3 in May of 2016.
The year to date numbers are not as encouraging.
Between January 1st and May 31st of this year there had been 55 single family home starts compared to 51 during the same period in 2016. There was a more significant difference in the number of multiple unit starts. In the first five months of last year there had been 116 such starts, compared to just 24 from January to end of May this year.
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