![](https://s.realtyninja.com/static/media/med/7650_fe4bdea9_Blog_-_Starts_July_01.jpeg?width=400&dpr=2)
In British Columbia, starts declined 26% m/m to 50.7k units SAAR in all areas of the province. This drop was driven by declines in multi-unit starts in metro Vancouver. Despite this volatility, starts in the province in July were still up 26% on a year-over-year basis. In terms of the six-month moving average, BC is at a record-high level of housing starts for a second consecutive month. In centres with at least 10,000 residents, single-detached starts were down 1%, while multi-unit starts were down 27% from last month. In Vancouver, housing starts were unchanged compared with July of 2020, while Victoria starts were up 72%, Kelowna was up 56%, and Abbotsford was up 2%.
![](https://s.realtyninja.com/static/media/med/7650_7b3e28c5_Blog_-_Starts_July_02.png?width=400&dpr=2)
![](https://s.realtyninja.com/static/media/med/7650_b013825e_Blog_-_Starts_July_03.png?width=400&dpr=2)
Source - BCREA