4 single detached homes began construction in Prince George last month according to the Canada Mortgage Housing Corporation.
Market Analyst, Taylor Pardy says despite housing starts hitting a downward trend to start the year, no one should hit the panic button. “It’s not really the prime building season ordinarily it can be quite volatile so it’s a little bit difficult to discern a trend at this point in time.”
10 single detached homes started up in the city at the same time last year.
No multi-unit homes broke ground for the second consecutive month.
Housing starts in B.C.’s urban areas trended up at 34,087 last month compared to 29,918 in January.
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