In British Columbia, starts rose by 18 per cent in April to 60,633 units SAAR in all areas of the province. In areas in the province with 10,000 or more residents, single-detached starts rose 14 per cent m/m to 5,676 units while multi-family starts rose 21 per cent to 52,420 units. Starts in the province were 13 per cent above the levels from April 2022. Starts were up by 13k in Vancouver, while declining by 2.9k in Victoria and 1.8k in Kelowna. Starts in Abbotsford were flat month over month. The 6-month moving average trend rose 5.3 per cent to 51.2k in BC in November.
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