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Apartment units drive increase in housing starts in Greater Victoria

www.timescolonist.com Apartment units drive increase in housing starts in Greater Victoria

High land prices and rising building costs due to inflation and other factors have combined to drive construction of apartments rather than single-family homes

Apartment units drive increase in housing starts in Greater Victoria

Somewhat clickbait title, it went from 80% to 89% of new unit starts for this one month period compared to last year.

Apartment units have been the majority of new units for more than a decade now.

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