Saskatoon Mortgage Broker shares article on Saskatoon housing

Housing starts slow down in Saskatoon:  CMHC

Article by Thomas Piller, Global News, August 11, 2014

“SASKATOON – July housing starts in the Saskatoon Census Metropolitan Area (CMA) were almost less than half as many compared to last year, according to a preliminary report released by Canada Mortgage and Housing Corporation (CMHC) on Monday.

Construction on 193 units was started in July 2014 compared to 371 units in July 2013.

Broken down, only 69 multi-family units and 124 single-detached homes were started in the Bridge City CMA last month.

CMHC said there were 326 preliminary housing starts in Saskatoon in June.”

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