Housing construction stays slow

Housing construction was extremely stable in Vernon last month.

Housing construction was extremely stable in Vernon last month.

There were nine housing starts in October, exactly the same as during the same month in 2010.

Of the nine starts, all of them were single-detached units, a 29 per cent increase from seven in 2010.

There were no multiple units last month, down from two in October 2010.

Year-to-date, the Canada Mortgage and Housing Corporation reports there have been 129 housing starts of all types in Vernon, down 34 per cent from 194 units during the first 10 months of 2010.

In B.C., October’s urban housing starts moved slightly higher to 27,800 units from 27,400 units during the previous month.

 

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