Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

November 04, 2011 15:06 ET

Barrie's Housing Market to Moderate

TORONTO, ONTARIO--(Marketwire - Nov. 4, 2011) - Housing starts in the Barrie Census Metropolitan Area (CMA) are set to moderate according to the Barrie Housing Market Outlook, Fall 2011 edition released today by Canada Mortgage and Housing Corporation (CMHC).

"Homebuyers will look towards higher density in the new homes market and more affordable homes in the resale market in the remainder of 2011 and in 2012," said Edgard Navarrete, CMHC's Barrie Market Analyst.

As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high quality, environmentally sustainable and affordable housing solutions. 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 informed decisions.

For more information, visit www.cmhc.ca or call 1-800-668-2642.

CMHC Market Analysis standard reports are also available free for download at http://www.cmhc.ca/housingmarketinformation.

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