Blog by William (Bill) Dow,

Housing Starts Rebound

November 13th, 2010

AFTER TWO CONSECUTIVE MONTHLY INCREASE, SEASONALLY ADJUSTD HOUSING STARTS IN B.C. DROPPED 7.4 PER CENT IN OCTOBER TO AN ANNUALIZED PACE OF 27,500 UNITS REPORTED BY VANCOUVE SUN PAPER.
October's decline was led by weaker starts in urban areas, where starts fell nine per cent from September, reflecting an 11-per-cent drop in the multiple-family market and a 4.9-per-cent pullback in single-detach ...