Released on February 10, 2014
Saskatchewan’s home builders saw a spike in activity in January, according to statistics released today by Canada Mortgage and Housing Corporation. Urban housing starts jumped 9.6 per cent compared to January 2013. This landed Saskatchewan in fourth place among the provinces in terms of percentage change.“Saskatchewan is kicking off 2014 on a high note,” Economy Minister Bill Boyd said. “We have a strong economy, a growing population, and a busy residential construction industry that is keeping pace with this success. More homes in Saskatchewan are a clear and positive sign that we have more people putting down roots, living and working in this province.”
On a year-over-year basis, construction starts on multiple units were up 34.4 per cent (from 285 units to 383 units) compared to January 2013.
“When we increase the accommodation options that are available to individuals and families who call this province home, we are helping to increase our quality of life,” Boyd said. “We are excited for what this year has in store for our construction industry, especially on the residential front.”
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For more information, contact:
Shanna Schulhauser
Economy
Regina
Phone: 306-787-5582
Email: shanna.schulhauser@gov.sk.ca