[ad_1]
FORT ST. JOHN, British Columbia, March 17, 2022 (GLOBE NEWSWIRE) — According to BC Check-Up: Investan annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, the number of housing units that began construction in Northeast BC’s largest municipalities increased 7.6 per cent in 2021, compared to the number started in 2020.
“Despite the COVID-19 pandemic, growing prices for residential properties in the region led to an uptick in housing starts in both 2020 and 2021,” said Ben Sander, FCPA, FCA, partner at Sander Rose Bone Grindle. “Still, housing starts remained below levels set a few years ago.”
Over the course of 2021, 113 housing units began construction in Dawson Creek and Fort St. John, up from the 105 units started in 2020 and 75 in 2019. Breaking it down by municipality, there were 104 housing starts in Fort St. John and 9 in Dawson Creek in 2021, compared to 68 and 37 in 2020, respectively.
The housing starts in the region were a mix of …
Full story available on Benzinga.com
[ad_2]
Source link
