From Theglobeandmail.com: The market for new homes is beginning to show the same bounce that led to the remarkable recovery in resales after the slump. Canada Mortgage and Housing Corp. said this morning that housing starts in January jumped 5.8 per cent to a seasonally adjust annual rate of 186,300, with gains in both single homes and condominiums.
The jump was led by a surge of almost 20 per cent, month over month, in British Columbia, which analysts said may have been related to construction for the Winter Olympics. Overall, it marked the fourth increase in a row………………………………….Full Article: Source

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