Housing starts at record levels in Prince Albert

All over Prince Albert there are signs of construction.

The Canada Mortgage and Housing Corporation will not have the final housing numbers in until next month, but Saskatchewan's senior market analyst is hinting Prince Albert has had a strong year.

“We are going to see a slight improvement from last year's numbers, and keep in mind last year's numbers were really strong,” said Michael Fabiyi.

One area of improvement this year has been single detached homes.

“As of the end of September we had 91, which compares to 74 at the same time last year. That is an increase of nearly 23 per cent,” said Fabiyi.

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Fabiyi attributes the good performance to strong economic drivers, such as wage increases and migration.

nmaxwell@panow.com