Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

April 12, 2010 08:15 ET

Oshawa Housing Starts Return to More Normal Levels

TORONTO, ONTARIO--(Marketwire - April 12, 2010) - Preliminary March figures released today by Canada Mortgage and Housing Corporation (CMHC) indicate a total of 126 new home starts in the Oshawa Census Metropolitan Area (CMA). Housing starts in March were eight times higher than in the same month last year and neared the 15-year average for the area.

"The current pace of new home construction in Oshawa echoes an improvement in consumer demand for home ownership. A lack of listings, especially in the second half of 2009, has been encouraging more homebuyers in the CMA to choose new homes," said Inna Breidburg, CMHC's Market Analyst.

To view the graph associated with this release, please visit the following link: http://media3.marketwire.com/docs/Oshawa1.pdf

As Canada's national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable and affordable homes. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making vital decisions.

HOUSING STARTS - DURHAM REGION
MARCH HOUSING STARTS
  SINGLE   SEMI   TH   APT TOTAL % CHG
  2009 2010 2009 2010 2009 2010 2009 2010 2009 2010  
Whitby 0 39 0 0 0 0 0 0 0 39 NA
Oshawa City 2 47 0 0 0 0 0 0 2 47 **
Clarington 14 34 0 0 0 6 0 0 14 40 185.7
OSHAWA CMA 16 120 0 0 0 6 0 0 16 126 **
Pickering 2 9 0 0 6 0 0 0 8 9 12.5
Ajax 8 12 0 0 0 52 0 0 8 64 **
Uxbridge 1 1 0 0 0 0 0 0 1 1 0.0
Brock 0 1 0 0 0 0 0 0 0 1 NA
Scugog 0 0 0 0 0 0 0 0 0 0 NA
DURHAM REGION 27 143 0 0 6 58 0 0 33 201 **
 
JANUARY- MARCH HOUSING STARTS
  SINGLE   SEMI   TH   APT TOTAL % CHG
  2009 2010 2009 2010 2009 2010 2009 2010 2009 2010  
Whitby 10 71 0 0 0 0 0 0 10 71 **
Oshawa City 27 154 0 0 0 0 0 0 27 154 **
Clarington 31 103 0 0 0 6 0 0 31 109 **
OSHAWA CMA 68 328 0 0 0 6 0 0 68 334 **
Pickering 7 17 0 0 6 0 0 0 13 17 30.8
Ajax 30 56 0 4 4 69 0 0 34 129 **
Uxbridge 3 1 0 0 11 0 0 0 14 1 -92.9
Brock 1 2 0 0 0 0 0 0 1 2 100.0
Scugog 1 3 0 0 0 0 100 0 101 3 -97.0
DURHAM REGION 110 407 0 4 21 75 100 0 231 486 110.4

Aussi disponible en francais

Contact Information

  • For additional information please contact/Pour obtenir de
    plus amples renseignements, veuillez communiquer avec:
    Durham: Canada Mortgage and Housing Corporation
    Inna Breidburg
    (416) 218-3425
    ibreidbu@cmhc.ca
    or
    En francais:
    Canada Mortgage and Housing Corporation
    David Lan
    (519) 873-2426
    dlan@schl.ca
    or
    Ontario:
    Canada Mortgage and Housing Corporation
    Ted Tsiakopoulos
    (416) 218-3407
    ttsiakop@cmhc.ca
    or
    Canada:
    Canada Mortgage and Housing Corporation
    Charles Sauriol
    (613) 748-2799
    csauriol@cmhc.ca