Twenty-seven new housing starts took place in Prince George during the month of July.
That’s according to the Canada Mortgage Housing Corporation, where the monthly totals are actually par with the same time in 2018.
However, the year-to-date numbers provide a much brighter picture according to analyst Pershing Sun.
“When we look at the year-to-date numbers over the first seven months, we recorded a 31% increase compared to the same periods last year.”
So far, Prince George has 182 housing starts compared to 138 at the same time in 2018.
Conversely, Kelowna has recorded 916 housing starts in 2019 compared to 1446 a year prior while Kamloops also a saw dip in their yearly numbers with 260 new housing starts to this point in 2019, which is down from the 576 mark they enjoyed at the end of July in 2018.
Courtenay, on the other hand, is enjoying a nice spike of their own in 2019 with the 338 new starts compared to 260 just 12 months earlier.