Residential construction in Saskatoon down sharply in 2017

The pace of residential construction in Saskatoon fell off sharply in the first five months of the year, driven downward by a collapse in the number of new multi-family buildings under development, according to new data from the country’s mortgage insurer. 
At the end of May, Saskatoon-based builders had started work on 547 new units, down 25 per cent from the 730 housing starts recorded in the same period last year, the Canada Mortgage and Housing Corp. (CMHC) reported Thursday.
&ldq