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Single-family housing starts lagging

Starts on single-family homes in the Prince George area continued to remain behind last year's pace, numbers released Friday by the Canada Mortgage and Housing Corporation are showing.

Starts on single-family homes in the Prince George area continued to remain behind last year's pace, numbers released Friday by the Canada Mortgage and Housing Corporation are showing.

There were 13 starts in July, compared to 28 for the same month last year, and the year-to-date total of 61 was 30 starts behind the total reached by the same point last year.

The lag has been offset somewhat by multiple family construction which stood at 57 units so far this year, compared to 42 year-to-date by the end of July 2012. There were no starts in that category last month, compared to two during July 2012.

In all, work has begun on 118 units of housing in and around Prince George, 15 fewer than the total reached over the first eight months of 2012.

In its latest forecast, CMHC had predicted 160 starts on single-family homes by the end of 2013, the same as there were in 2012, and also saw 160 starts in 2014.