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Banner year in 2011 for new home construction

Saskatchewan's urban housing starts in the first 10 months of 2011 were up by 33.2 per cent when compared with the same period last year, the highest percentage increase among the provinces.

Saskatchewan's urban housing starts in the first 10 months of 2011 were up by 33.2 per cent when compared with the same period last year, the highest percentage increase among the provinces.

"The strong economy and a growing population have increased demand and had a significant impact on housing starts in the province's cities," Enterprise Minister Jeremy Harrison said. "The surge in new home construction, particularly for multiple units will definitely help ease some of the housing crunch in our cities."

Nationally, urban housing starts increased by 3.7 per cent in the first 10 months of 2011. Multiple units in the province are up by 91.2 per cent while single detached units increased by 5.2 per cent over the same period.

In October 2011, urban housing starts were up by 85.1 per cent over October 2010, the third highest percentage increase in the nation and well ahead of the 21.0 per cent recorded nationally.