While housing starts are down across the nation, the GTA, and Peel Region, Brampton city staff are reporting 32% and 11% increases, for the first 6 months and first 10 months of the year (vs the same period last year), respectively. City staff are forecasting the housing starts number to drop to 5000 for 2008, and taper down further in 2009 and 2010. Meanwhile, 2008 estimates for industrial, commercial, office, and institutional construction have been revised upwards to 5 million square feet. Source: Housing starts soar in Brampton (Brampton Guardian)
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