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Housing starts in southwest B.C. fell by 21 per cent in 2020: report

Article content A look at investment trends across B.C. flags significantly lower housing starts in 2020, even as there has been a COVID-19 boom in home sales and prices rocket-fuelled by banks offering very low interest rate mortgages. The number of housing units that started construction in southwest B.C. fell by 21.7 per cent in 2020 compared to the number in 2019, according to an annual economic outlook report by the Chartered Professional Accountants of B.C. (CPABC) We apologize, but this ...
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CPABC: Major projects in Southwest B.C. increase despite pandemic, while housing starts down by nearly one quarter in 2020

VANCOUVER, British Columbia, Feb. 19, 2021 (GLOBE NEWSWIRE) โ€” According to BC Check-Up: Invest, an 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 Southwest B.C. fell by 21.7 per cent in 2020 compared to the number started in 2019. โ€œThe COVID-19 pandemic caused great uncertainty for investors across the province, including in Southwest B.C.โ€™s typically robu...
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