Kamloops Experiences Increase in Housing Starts, Kamloops BC Now

This article appeared in the KamloopsBCNow.com on May 8th, 2015 and was written by Wendy McLeod.

April turned out to be a good month for housing starts in Kamloops.

Figures last month came in above year-earlier figures, according to the Canada Mortgage and Housing Corporation (CMHC).

A reported 59 units were started in April compared to just 38 units during the same month one year ago.

When broken down, 47 of the new housing starts were single-detached residences while 12 were multiples housing. That compares to 36 single-detached homes in 2014 and two multiples.

So far this year total housing starts sit at 111 which are lower when compared to the same time period of 2014 with 153 starts.