By Dan Marshall

Nanaimo housing starts down, but still outpacing similar sized communities

Oct 12, 2016 | 9:41 AM

NANAIMO — When it comes to September housing starts Parksville is up, and  Nanaimo is down.
 
Nanaimo went from 108 in 2015 to 72 last month.
 
The year to date numbers have also dropped off from 699 to 571.
 
In Parksville, the Canada Mortgage and Housing Corporation measures construction starts quarterly.
 
In the third quarter work began on 53 homes, up from 34 the previous year.
 
Year to date numbers are almost identical with 145 starts this year and 143 in 2015.

Nanaimo is in a group of six BC communities with a population of between 50 and 100 thousand people.

Those other communities are Courtenay, Chilliwack, Kamloops, Prince George and Vernon.

When it comes to actual housing starts Nanaimo led the way in the month of September.

Nanaimo has also had the most new construction of any of those similar sized cities in the first nine months of the year.

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Chilliwack at 536 starts, and Kamloops at 468, are the next most active communities for new home construction in 2016.