March 2015 housing starts in Vancouver
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 10, 2015) - Housing starts in the Vancouver Census Metropolitan Area (CMA) were trending at 18,195 units in March compared to 17,462 units in February, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts.
"Single-detached home construction continued to increase in step with the trend established last spring," said Robyn Adamache, Principal, Market Analysis. "Multi-family housing starts also moved higher in March, following a brief dip in apartment and town home starts the previous month."
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