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Local New Home Starts Up - Provincial Numbers Stable

 
 

LETHBRIDGE:  The National pace of housing starts slowed last month, particularly in urban areas, including Edmonton and Calgary. However, Canada Mortgage and Housing Corporation statistics show figures are still fairly stable in Alberta on a year-to-date basis.

 

In Lethbridge, new home starts are still slightly ahead of the same time last year. For the first Eight-months of the year, there have been a combined 415 single family and multi-family (apartments and condos) unit starts. That compares to 407 for the same period last year.

 

New home starts in Lethbridge got a significant boost in August, with 74 combined starts, compared to 55 during August of last year.

 

On a Provincial 'year-to-date' basis, the only cities in Alberta to record a drop in housing starts are Calgary and Medicine Hat. However, when the numbers for all the province's *seven urban centres are added together, new homes starts are almost 1300 units ahead of last year.

 

*** Seven Urban centres include Calgary, Edmonton, Grande Prairie, Lethbridge, Medicine Hat, Red Deer and Wood Buffalo.



Posted on Tuesday, September 10, 2013 at 4/16/2014 10:08:55 AM
Source: Dori Modney (@Dori_Modney on Twitter) -- Country 95 News Photo Credit
 
 
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