News

Housing starts up in January

There are signs that the housing market is picking up in the Lower Mainland.

Canada Mortgage and Housing Corporation (CMHC) reports housing starts across the Vancouver Census Metropolitan Area (CMA) in January increased compared to the same month a year ago, totalling 1,436 homes. Most of these home starts were in Vancouver City, followed by Surrey and Burnaby.

In the Abbotsford CMA, there were 35 housing starts counted during the first month of 2011, compared to 26 housing starts in January 2010.

“Multiple family projects that were planned by developers during the last year and a half are beginning to break ground in 2011,” noted Robyn Adamache, CMHC’s senior market analyst.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Crystal Gala prohibition theme draws 400
 
Bylaws for agricultural land use must be enforced fairly: soil scientist
 
Abbotsford Centre ranked best in Western Canada
Body found in Surrey identified
 
Police want charges against 25 more riot suspects
 
Election 2014: See who’s running for mayor, councillor and school trustee
Off-duty Maple Ridge officer nabs drunk driver
 
Liberal MLA OK for a second run
 
Students take a crack at stand-up comedy

Community Events, October 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Oct 17 edition online now. Browse the archives.