Today's story about housing construction starts increasing is completely out of context with current market conditions.
Sales volumes can only be described as disastrous. Average prices, including average prices for new construction, are falling.
Yet builders started more projects in August of 2010 than in August of 2009 - so "logically," the Times Colonist implies through it's headline: Victoria's housing market improves
Um, no. It hasn't. It's actually getting worse. What happened, and the headline you should have written, is Victoria housing starts increase from one year ago.