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January 2014 Housing Starts in Victoria BC

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

 

 

 

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

 

Comments

Peter,

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

Posted by 1 ~Judi & Don Barrett & Chassy Eastep - Integrity, BS Ed, Integrity Real Estate Services -IDABEL OK (Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745) almost 5 years ago

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?

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Posted by Kathy Clulow, Trusted For Experience - Respected For Results (RE/MAX All-Stars Realty Inc. Brokerage) almost 5 years ago

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.

Posted by Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986., Talk To or Text Peter 250-213-9490 (eXp Realty, Victoria BC www.pfanntastic.com) almost 5 years ago

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.

Posted by Robert May, Real estate consulting (Robert W May - Lethbridge Real Estate) over 2 years ago

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.

Posted by Robert May, Real estate consulting (Robert W May - Lethbridge Real Estate) over 2 years ago

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

Posted by Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986., Talk To or Text Peter 250-213-9490 (eXp Realty, Victoria BC www.pfanntastic.com) over 2 years ago

I'll be Back

Posted by Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986., Talk To or Text Peter 250-213-9490 (eXp Realty, Victoria BC www.pfanntastic.com) over 2 years ago

Participate