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Home / 2018 / Housing starts in BC jump 29 percent compared to last year
Housing starts in BC jump 29 percent compared to last year
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Housing starts in BC jump 29 percent compared to last year

British Columbia saw a 29 percent jump in housing starts this August compared to last, despite Canada as a whole dropping by 13 percent.

The Canada Housing and Mortgage Corporation released the numbers in a report today.

With the number of single-detached home housing starts actually dropping by 11 percent province-wide, the jump can be largely attributed to multi-unit housing.

In the report, the Corporation noted a 45 percent increase in multi-unit housing starts compared to August of last year.

Multi-unit housing includes apartments, condos, semi-detached homes, and rows.

In total, BC saw 3,880 housing starts in August, with Canada slotting in at 15,571.

About Jeff Blagden

News Reporter/ Anchor. Originally from Hamilton, Ontario, Jeff has a background in sports journalism, and radio hosting. He comes most recently from his post as a morning show host in Chetwynd.

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