My Real Place

Vancouver Housing Starts - January 2009 - They didn't go up

CMHC reports this morning that this January's housing starts were about half of what they were in January '08. Housing starts were down across detached and attached categories, but not in all areas, as Delta, Langley and Maple Ridge saw increases. As I have said before though one months housing starts are not the best reflection of anything. Nonetheless I am sure the theme for this year is fewer and fewer housing starts. 

You can read the CMHC Vancouver housing starts press release here.