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From page 54

rural areas. In urban centers. both single and multiple units increased. = While inventories of completed units are still high. the vol- ume under construction, especially condominium apartments, has decreased in the past year.

Onturio’s 36.800 housing starts (SAAR) were slightly lower than the 37,700 in the

while multiples declined in urban areas. Activity also slowed in rural areas, With a limited supply of units that are completed and unoccu- pied or under construction, activity will increuse when demand improves as a result of stranger cmployment growth and higher consumer confidence.

Quebec starts inched up to 22.000 units (SAAR) from 21.200. More semi-

buyers, but these were offset by a drop in single-detached units and apartments.

tn the Prairie region. con- struction rose to 19.500 units (SAAR) from 17.700 in the preceding quarter. The high- er construction level occurred mainly in smaller centres and rural communi- lies. Activity improved in Alberta, to 10,000 (SAAR), and Saskatchewan, to 2,100 units (SAAR A drop to

closing quarter of 1995, detached and row units were 1400 units (SAAR) was Single-detached starts rose. constructed

for first-time reported in Manitoba,

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266 - 2979 Panoranta Drive Westwood Plateau 945-0644 | INTERNET: hutpsfwww.intergull.com