Housing Starts

housing starts: The federal housing agency said today that 294 new housing starts were recorded last month in the Winnipeg Census Metropolitan Area CMA , which includes Winnipeg and 10 surrounding municipalities. That compared with 169 in December 2012. , according to Winnipeg Free Press. The strong finish pushed total starts for the year above the 4,700-unit threshold to 4,705. That was a 15.8 per cent improvement from 2012s total of 4,065. Winnipeg-area homebuilders ended 2013 with a bang, pounding out a 74 per cent increase in housing starts, new Canada mortgage and Housing Corporation CMHC figures show. The bulk of the gain was on the multi-family side of the market, where starts soared by 522 per cent to 112 units from just 18 a year earlier. Single-family starts, by comparison, were up 18.3 per cent to 182 units from 151. (www.immigrantscanada.com). As reported in the news.