Housing activity recovers

Some progress is being made in local home construction.

Some progress is being made in local home construction.

The Canada Mortgage and Housing Corporation reports there were 16 housing starts in Vernon in September, a seven per cent increase from 15 starts during the same month in 2010.

The 16 starts break down into 10 single-detached units (a 23 per cent decrease from last year) and six multiple units (a 200 per cent increase).

Year-to-date, there have been 120 housing starts in Vernon, a 35 per cent decrease from 185 units compared to the same nine-month period in 2010.

Of the 120 units, there have been 93 single-detached units (a 40 per cent decrease from last year) and 27 multiple units (a 13 per cent decrease).

 

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