There is new construction going on at Ferry or Hopkins Rd (the property spans from Ferry to Hopkins) on the Ferry side of it. The property is RM5 zoned and has multiples on it from last year. Perhaps the permit was taken out for it all last year. Perhaps the units being built are single family strata title?

Also, we will hopefully see a start ot the approved project on 7th downtown.

With such low numbers of buildings being constructed annually, there will be considerable fluctuations from month to month when comparing those monthly figures to previous years.

By January 2008, we will have a reasonably good idea of how 2007 measures up to previous years.

One thing is for sure, we continue to build "dumb" housing instead of "smart" housing in my humble opinion.

;-)

I think the big time housing slowdown in the United States will soon affect the housing market in Prince George.

For anyone interested in keeping track of the housing market in the U.S., I think the following web site does a good job of informing people what is going on.

The following is a link to that web site.

http://nychousingbubble.blogspot.com/index.html

Owl, if "we continue to build "dumb" housing instead of "smart" housing in my humble opinion".

If we don't like it why don't we build a smart house. Why are we building dumb houses when we don't like it?