Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

September 09, 2010 08:15 ET

August Thunder Bay Starts Jump

THUNDER BAY, ONTARIO--(Marketwire - Sept. 9, 2010) - Single-detached housing starts in Thunder Bay for August 2010 moved strongly ahead according to data released today by Canada Mortgage and Housing Corporation (CMHC). Starts totaled 35 units in August, up from twenty starts in August 2009. August starts were 11 units ahead of the 10 year average for the month of August. Single family home starts were almost evenly split between McIntyre, Neebing and Red River wards.

"Year-to date total starts for the 2010 are now 24.4 percent above last year's numbers as four more apartment units were added to the total for semi, row and apartment units for the Census Metropolitan Area. The 136 single-detached home starts for the first eight months of 2010 are nearly 30 per cent ahead of last year's total to this point, which leaves the forecast for 2010 certainly within range", stated Warren Philp, Northern Ontario Market Analyst with CMHC.

To view the chart associated with this release, please visit the following link: http://media3.marketwire.com/docs/cmhc0909tbay.pdf.

URBAN HOUSING STARTS
AUGUST
  Single Family Semis, Rows, Condos and Apartments Total
  2009 2010 % chg 2009 2010 % chg 2009 2010 % chg
Thunder Bay 20 35 75.0 0 4 ## 20 39 95.0
 
YEAR-TO-DATE: JANUARY TO AUGUST
  Single Family Semis, Rows, Condos and Apartments Total
  2009 2010 % chg 2009 2010 % chg 2009 2010 % chg
Thunder Bay 105 136 29.5 14 12 -14.3 119 148 24.4

Source: CMHC

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 — homes that will continue to create vibrant and healthy communities and cities across the country.

Aussi disponible en français.

Our next Housing Starts press release will be September, 2010, coming on October 8, 2010. CMHC's national web-site is located at www.cmhc.ca.

Contact Information

  • For additional information please contact/Pour obtenir de
    plus amples renseignements, veuillez communiquer avec :
    Thunder Bay: Canada Mortgage and Housing Corporation
    Warren Philp
    (807) 343-2016
    wphilp@cmhc.ca
    or
    En francais :
    Canada Mortgage and Housing Corporation
    Ed Heese
    (416) 218-3369
    eheese@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