Canada's housing boom expected to continue into this spring - 2004-03-04
It seems as if Canada's house-building boom will continue into 2004 even if other construction sectors aren't performing as well.
The agency cited low mortgage rates, employment strength and a high level of consumer confidence as reasons for the housing boom.
But it said that the value of non-residential permits fell by 4.9 per cent to $1.4 billion, as industrial, commercial and institutional all retreated - third decline in the last four months.
Read the full story at Canadian Press via Canada.com