Wednesday, 24 August 2011

CMHC Predicts Housing Starts will be up in Kelowna during 2012.

Clipped from

Canada Mortgage and Housing Corporation expects new home construction to increase 30% in 2012.

CMHC forecasts new home starts in Kelowna to reach 1325, compared to 1025 in 2011.

Paul Fabri, Senior Market Analyst for CMHC in Kelowna, says it’s expected to be a very modest increase in housing starts for 2012.


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