February is going down in the books as an extremely slow month for new home starts in the greater Saint John area.
Canada Mortgage and Housing reports only 4-new units were started in February -- down 77-percent from the same month a year ago.
However - when you add January's new starts - new home activity is just slightly ahead of the first two months of last year.
By comparison -- new home construction this year is also trailing last year's starts in Fredericton while Moncton's activity is running ahead of last year.
