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Tuesday, August 10, 2010

Housing Starts On Rebound

There's good news for home builders in the greater Saint John area -- a new report from Canada Mortgage and Housing shows housing starts between January and July are up 20-percent over the same period last year.
The report shows there were 220-new units started in our area last month -- most of them multi-residential units.
The federal housing agency says new housing starts in Moncton are up 57-percent this year compared to last while Fredericton is down 11-percent.