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Friday, February 10, 2012

New Home Construction Shows Increase



New home construction in the greater Saint John area is off to a good start this year -- Canada Mortgage and Housing reports there were 25-new units started last month -- ten more than January of last year.
C-M-H-C says multi-residential units helped to boost last month's figures compared to a year ago.
Meantime -- the federal housing agency says 85-new units -- mostly multiple residential -- were started in Moncton last month while Fredericton saw 20-new housing units under construction last month.