Housing Starts Rise In February

According to Canada Mortgage and Housing (CMHC) data released Friday housing starts in Abbotsford-Mission in February rose by a factor 86 percent over the same month last year.

A total of 119 housing units were built in February 2013 compared to 64 in February of 2012.

The number of new single detached homes only rose by six percent from 16 in February 2012 to 17 in 2013 but the largest increase came in all other units (apartment, condominiums, other multi-dwellings) which rose 113 percent from 48 in 2012 to 102 in 2013.

In BC housing starts were down by a factor of 29 per cent and the country as a whole posted an 11 percent decline.

For the full CMHC statistics package simply click here.

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