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Wednesday, December 9, 2009

Numbers in For Housing Starts in Greater Saint John

Last month was a good one for new housing starts in the greater Saint John area -- the latest report from Canada Mortgage and Housing shows 54-new units started in November -- a 15-percent increase over the same month a year ago but year to date figures aren't as rosey -- the federal housing agency reports a 20-percent drop in housing starts between January and November compared to the same period last year.


Moncton's housing starts so far this year are off 33-percent against the 11-month period in '08 while Fredericton starts are up six percent in the same period compared to a year ago.