May 17, 2021 By Ground Water Canada
Regina – A Statistics Canada release on housing starts for April 2021 shows positive signs of strong economic recovery in Saskatchewan. Urban housing starts in the province increased 113.3 per cent year-over-year, the second highest percentage growth increase among the provinces.
Nationally, housing starts increased by 63.2 per cent.
In the first four months of 2021, urban housing starts in Saskatchewan increased by 101.4 per cent, compared to the same period in 2020. Saskatchewan ranked second among the provinces in percentage change.
Housing starts more than doubled for single-family dwellings with an increase of 160.3 per cent and by 86.4 per cent for multiple units.
The strong growth in housing starts contributed significantly to the large increase of 8,700 new construction jobs in April 2021 compared to April 2020, according to the Statistics Canada Labour Force Survey for April 2021.
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