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Brian Walsh ABR BPO's Blog

By Brian Walsh "Buyer's Agent" | Agent in South of Broad, Char...

Report says new housing market future rosy

By: Staff Writer

Posted: 06/4/2013

KEN GIGLIOTTI / FREE PRESS ARCHIVESEnlarge Image

Winnipeg is one of only five Canadian cities surveyed to have positive expectations for housing starts for both the short and long term.

The future looks bright for local homebuilders, according to a new report from the Conference Board of Canada.

In its May Metropolitan Housing Starts report, released today, the Ottawa-based think-tank said Winnipeg is one of only five Canadian cities surveyed to have positive expectations for housing starts for both the short and long term.


It said short-term expectations are based on residential building-permit data, while long-term expectations are based on demographic requirements.

Of the 28 cities surveyed, Winnipeg also had the biggest year-over-year increase in starts in April, the board said.

Canada Mortgage and Housing Corporation reported last month there were 555 single- and multi-family starts recorded in April in the Winnipeg Census Metropolitan Area (CMA). That was a 117 per cent increase from April 2012’s total of 256.


Brian Walsh ABR® BPO
BWalsh@CaronlinaOne.com
www.BrianWalshRealty.com
Cell: (843) 754-2089  
Fax: (843) 202-3628
***Accredited Buyer's Representative. I am always ready to assist you in your home search. ALL homes for sale in Charleston, SC and the surroudning areas can be found on my website.***

Comments

By Helen Oliveri,  Sun Jun 16 2013, 11:27
Great blog!

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