01-11-2017, 10:29 PM
(01-11-2017, 06:32 PM)jwilliamson Wrote: Housing starts were up 27% in 2016 compared to 2015. Around half were apartments and ⅓ single detached, which is similar to 2015.
http://m.therecord.com/news-story/705857...loo-region
Wow.
Single detached homes were 1392 (995 in 2015, 1200 forecast). Multiple-unit dwellings were 2684 (2217 in 2015, 1950 forecast).
That's surprisingly strong, especially for multiple-unit construction. In 2017 we should see some large projects break ground (100 Victoria, Arrow Lofts 2, possibly Brick) so I think we should beat the 2900-unit CMHC forecast again.