Housing starts shift in Metro Vancouver

Less multi-family construction, more single detached, reports CMHC

A fall off in multi-family housing starts in Metro Vancouver is being partly offset by more construction of single detached houses so far this year.

Year-to-date housing starts for 2013 are down 20 per cent in Greater Vancouver to 3,137 from 3,931 in the same period a year ago.

But the Canada Mortgage and Housing Corp. also reported single detached starts are up from 700 to 843, a 20 per cent gain.

B.C.-wide, urban housing starts are down 13 per cent overall.

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