News

Another Good Month For Housing Starts In Grande Prairie

Friday, June 8, 2012 - 10:06 AM
By Sara Buchan
Grande Prairie

Canada Mortgage and Housing Corporation stats show housing starts are ticking along at a good clip in Grande Prairie

construction on 45 single-detached homes started last month, compared to 30 back in May of 2011.

Stats show 22 multi-family starts last month as well.

CMHC analysts point to growing labour markets, rising incomes and higher levels of net migration as reasons for increases in multi-family starts.

Grande Prairie's housing construction activity has grown 54-percent in hte first five months of this year, when compared to the levels of activity seen over the same time in 2011.
 



 

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