Altus report latest marker forecasting lower B.C. housing starts
A new report from the research firm Altus Group reinforces expectations that B.C. housing construction, particularly in Metro Vancouver, will decline under the influences of mortgage stress tests, new tax measures and a slowing economy.
The report, released Monday, estimates that housing starts in B.C. will fall to 37,475 units in 2019 and further to 36,925 in 2020 compared with 2018’s 40,875 units, perhaps adding to pressure on federal officials to change policies aimed at protecting firs
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