Housing starts report from CMHC today shows increases in all Canadian regions except Ontario.
In Western Canada where Alta Pacific Mortgages operates, housing starts in urban areas are seeing a rather sharp increase year over year (March 2010 compared to March 2009).
Prairie Regions (Manitoba, Saskatchewan, Alberta) saw a March increase from 967 housing starts in March 2009 - to 2,508 housing starts in March 2010.
British Columbia saw March 2010 housing starts hit 1,726; up from 739 housing starts in March 2009.
Our website tells you the details of what and how Alta Pacific MIC works... this news page (and our Canadian mortgage blog) is updated regularly and hopefully sheds some light on who we are while also sharing some of the latest news in Canadian investing - most notably, investing in Canadian mortgages and real estate.
While the Alta Pacific team has considerable experience in real estate, we're new to this online world - including blogging - so go easy on us.
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