January 2014 Housing Starts in Victoria BC

By
Real Estate Sales Representative with Fair Realty, Victoria BC www.pfanntastic.com

January 2014 Housing Starts in Victoria BC

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January 2014 Housing Starts in Victoria BC, were trending at 2,150 units compared to 2,194 in December 2013, according to Canada Mortgage and Housing Corporation (CMHC). Home construction starts modestly trended down in January. The single family home market’s upward trend was offset by the downward trend in multiple-unit homes. said “Lance Jakubec, CMHC Senior Market Analyst. image     For January 2014 Housing Starts in Victoria BC, CMHC uses the trend measure as a complement to the Monthly Seasonally Adjusted Annual Rates of housing starts to account for considerable swings in monthly estimates and obtain a more complete picture of the state of the Victoria housing market.

In some situations, analysing only SAAR data can be misleading in some markets, as they largely driven by the multiples segment of the market which can very variable from month to month. The stand alone month SAAR was 851 in January down considerably from 2,568 in December 2013. image For your Complete free copy of this January 2014 Housing Starts in Victoria BC report use this link: http://www.cmhc-schl.gc.ca/odpub/press/2014/2014_02_10_0815_EBI.pdf image Source CMHC for the graphs and data. image

Posted by

 

 

 

Peter Pfann,

CPCA, ABR, SRES, E-Pro, IMSD, Master ASA, C-CREC, Associate Broker.

Text or Talk To Peter @: (1) 250 - 213 - 9490  

peterpfann@gmail.com  www.pfanntastic.com

Pfanntastic Properties in Victoria, BC, Canada, @ Fair  Realty Since 1986.

Regional office: 1540 Fort St Victoria, BC V8S 5J2

 

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Topic:
Real Estate Market Trends
Location:
British Columbia Capital Area Victoria Greater Victoria
Groups:
Market Updates
Market Reports
Canadian Market Reports
2014 Market Reports
Tags:
new home construction
victoria
housing starts

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Ambassador
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Judi K Barrett
Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma - Idabel, OK
BA, Integrity Real Estate Services -IDABEL OK

Peter,

Great way for the pubic that are interested in how the market has progressed to get this information.  Nicely done.

Feb 11, 2014 10:50 AM #1
Rainmaker
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Kathy Clulow
RE/MAX All-Stars Realty Inc. Brokerage - Uxbridge, ON
Trusted For Experience - Respected For Results

Peter - I find the figures in the bottom "Actual" section confusing as they are the same for January and January to January ..... Am I missing something?

image

Feb 14, 2014 03:57 AM #2
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Peter Pfann @ Fair Realty Victoria, BC, Canada. Pfanntastic Properties in Victoria, Since 1986.
Fair Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

Hi Kathy,

Thank you for your question.

The Top references to January are just for the month the bottom is for the rolling year to date numbers, but because the report is for January these numbers are the same.

Thanks again for your question.

Feb 14, 2014 09:04 AM #3
Rainmaker
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Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

hey there, havent seen your post on AR in along time.  Just checking up on the blogs I follow to see if you are still around.

May 23, 2016 02:25 PM #4
Rainmaker
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Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

i am just cleaning up my subscribed blogs list and dont want to delete anyone accidentally who is just temporarily inactive, so just shoot me a message and I wont delete you.

May 23, 2016 02:28 PM #5
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Peter Pfann @ Fair Realty Victoria, BC, Canada. Pfanntastic Properties in Victoria, Since 1986.
Fair Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

I am around, but not very active here at the moment, will be at it more aggressively in the next month or so.

May 24, 2016 04:47 AM #6
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Peter Pfann @ Fair Realty Victoria, BC, Canada. Pfanntastic Properties in Victoria, Since 1986.
Fair Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

I'll be Back

May 24, 2016 04:48 AM #7
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