Midway transformer fire
Oil company fined
Strata smoking fines tossed
UN workers charged 
Trudeau in Saskatoon 
Doctors protest tax change
$620 million for Ukraine 
5 die crossing channel
Jury finds railway at fault 
Tourism operators struggle 
Nude Beverages sells line
Wealth gap widening
Leafs even series
Cristall gets pro look
Warriors even series in OT
Hozier surprised by #1
Trainor to replace Perry?
Swift breaks Spotify record
The number of housing starts in Kelowna rose dramatically last month compared to September figures, and shows a solid upward trend over the past four months.
A total of 125 homes began construction in October, almost double the 67 units in October 2012, including 55 single detached homes and 70 multiples.
“The trend measure for both single-detached and multiple-family homes has moved up since August,” says CMHC Market Analyst Paul Fabri.
“Declining inventories of new, completed and unabsorbed homes coupled with rising home sales have supported increased levels of new home construction.”
Actual starts in the Vernon area also moved higher in October compared to the same month last year, with single-detached homes leading the way. In Kamloops, housing starts were similar to 2012 levels and in Prince George the numbers suggest a decline from last year’s levels.
Across the country, numbers depict the same story with CMHC estimating there were 17,033 actual starts in October, which extrapolated over 12 months gives a seasonally adjusted annual rate of 198,282 units, compared with 195,929 in September.
-- With files from CTV
