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 ...

Acupuncture clinic can reopen, Fraser Health says
 
Mayhew sentenced to more jail time
 
Kumon students celebrate hard work and success
Fraser Health gets new president
 
Hit and run victim identified
 
Burnaby veteran helps mark 70th anniversary of Italian Campaign
School district to add staff
 
Richmond Christmas Fund Drive-thru another success
 
Fire at Surrey home claims cat

Community Events, November 2014

Add an Event


Read the latest eEdition

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

Nov 26 edition online now. Browse the archives.