Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

April 12, 2010 08:15 ET

Strong First Quarter Starts in Brantford

TORONTO, ONTARIO--(Marketwire - April 12, 2010) - Total starts in Brantford for the first quarter rose by over 70 per cent, according to preliminary figures unadjusted for seasonality released today by Canada Mortgage and Housing Corporation (CMHC). There were 123 starts in the first quarter of 2010 in the Brantford CMA, up from 71 starts a year ago.

All of the increase was due to townhouses and apartments, which accounted for over 60 per cent of the starts during the quarter. All of the apartments were rental units, while all of the townhouses were either freehold or condominium units. Single-detached starts for the quarter meanwhile lagged behind last year's figures, though they were still on par when compared to historical levels.

"Starts were strong in Brantford during the first quarter," said Sarah Fong, CMHC's Senior Market Analyst for Hamilton and Brantford. ''Townhouse construction, in particular, has picked up some steam." added Fong.

To view the graph associated with this release, please visit the following link: http://media3.marketwire.com/docs/cmhc_chart_brantford.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 First Quarter 2010 
Brantford CMA 
  First Quarter
  Single Semi TH Apt Total % Chg
Brantford CMA*            
First Quarter 2010 47 0 40 36 123 73.2%
First Quarter 2009 69 2 0 0 71  
Brant City            
First Quarter 2010 6       6 -25.0%
First Quarter 2009 8 0 0 0 8  
Brantford City            
First Quarter 2010 41   40 36 117 85.7%
First Quarter 2009 61 2 0 0 63  

Aussi disponible en francais.

Contact Information

  • For additional information please contact/Pour obtenir de
    plus amples renseignements, veuillez communiquer avec:
    Hamilton CMA: Canada Mortgage and Housing Corporation
    Sarah Fong
    (416) 250-3294
    sfong@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 or (613) 816-5978
    csauriol@cmhc.ca