OTTAWA – Housing starts in the Saskatoon census metropolitan area (CMA) were up in March, according to preliminary numbers from the Canada Mortgage and Housing Corporation (CMHC). The report released Friday shows construction started on more than twice the amount of units compared to the same time last year.
Construction on 177 units began in March 2015 compared to 72 units in March 2014. Broken down, 123 multi-family units and 54 single-detached homes were started last month.
So far this year, there have been 579 total starts in the Saskatoon CMA compared to 600 at the same time in 2014.
READ MORE: Saskatoon housing starts rebound in February
Saskatchewan’s total urban starts were at 903 by the end of March, down from 1,206 in 2014.
CMHC’s preliminary housing starts for Canada last month were at 13,043.
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