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Thursday, September 9, 2010

Housing Starts Show Increase


The latest figures from Canada Mortgage and Housing show home builders are busy in the greater Saint John area.
The federal housing agency is reporting the number of new units started between January and August up 12-percent over last year.
Moncton is reporting a 59-percent increase while Fredericton numbers are up 3-percent over the same period last year.
Here in Saint John -- construction of multiple residential units is leading the way so far this year.