Housing activity picked up in the Toronto GTA with a resurgence of overall housing activity.

Lower borrowing costs and a rush to beat the new HST tax in British Columbia and Ontario is resulting in builders responding in a positive way.

Housing starts rose to 196,700 units including a large portion of multiple housing units like Condos, Townhouses and Duplexes.

Ontario led the country with a 28.6 per cent rise in February with most Canadians believing house prices will increase this year.

The new home Real Estate market is part of the bigger Canadian Real Estate Market that remains a bright spot in the Canadian economic activity.

.