Home construction soars in Halifax

Published: June 09, 2010 12:00 a.m.

Last modified: June 08, 2010 11:58 p.m.

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Residential construction in Halifax went up last month — way up.

According to data released from the Canada Mortgage and Housing Corp., there were 303 housing starts in Halifax for May, up from 126 recorded for the same month in 2009.

Multiple starts increased the most — up to 223 units from 59. Single starts were up to 80 units from 67.

“May numbers were supported by a high level of apartment construction starts as 187 new units broke ground,” Tim Andrews, market analyst with CMHC’s Atlantic Business Centre, said in a release. “The overall increase in construction activity is reflective of stable employment levels, near-record wages and continued in-migration.”

Housing starts in Atlantic Canada were up 22 per cent.

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