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Tuesday, August 16, 2011 - Housing starts up 25 per cent

Metro Vancouver's housing starts were up 25 per cent for the first seven months of 2011 compared to the same period in 2010, according to Canada Mortgage and Housing Corp.

Statistics released Tuesday show that the number of starts increased to 10,010, up from 8,005 to the end of July.

Starts for the month of July totalled 1,538 in Metro Vancouver, a 37-per-cent increase from 1,124 in July 2010.

Most of the starts were in Richmond, Burnaby, Surrey and the city of Vancouver.

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posted in News at Tue, 16 Aug 2011 08:46:19 -0700

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