Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

March 08, 2011 08:15 ET

CMHC Reports February Housing Starts Lower in Windsor

WINDSOR, ONTARIO--(Marketwire - March 8, 2011) - New home starts were lower in February in the Windsor Census Metropolitan Area1 (CMA) according to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC). Builders laid foundations for 13 residential units compared to 27 units in February 2010.

"Although starts were down in February, the year-to-date data show the year is off to a good start, One month doesn't make a trend," said Margot Stevenson, Market Analyst for Canada Mortgage and Housing Corporation. "The Bank of Canada's decision to hold rates steady and improving employment opportunities locally will continue to support demand for new homes in Windsor," added Stevenson.

Single-detached homes accounted for seven of the starts along with two semi-detached units and four townhouse units. Year-to-date, builders started 28 single-detached homes, four semi-detached homes and 34 townhomes in the Windsor CMA, up 53 per cent from the same period in 2010.

As Canada's national housing agency, CMHC draws on 65 years of experience to help Canadians access a variety of high 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 informed decisions.

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

1Statistics Canada defines a census metropolitan area (CMA) as one or more adjacent municipalities integrated with an urban core. A CMA must have a total population of at least 100,000 of which 50,000 or more must live in the urban core.

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HOUSING STARTS - WINDSOR CMA
YEAR-OVER-YEAR COMPARISON - MONTH OF FEBRUARY AND YEAR-TO-DATE
 
  Single Semi TH Apt Total % Chg
Amherstburg            
  Feb '11 0 0 0 0 0 N/A
  Feb '10 0 0 0 0 0  
LaSalle            
  Feb '11 3 2 4 0 9 N/A
  Feb '10 10 0 4 0 14  
Windsor City            
  Feb '11 2 0 0 0 2 -80.0%
  Feb '10 10 0 0 0 10  
Tecumseh Town            
  Feb '11 0 0 0 0 0 N/A
  Feb '10 0 0 0 0 0  
Lakeshore Town            
  Feb '11 2 0 0 0 2 N/A
  Feb '10 3 0 0 0 3  
WINDSOR CMA            
  Feb '11 7 2 4 0 13 -51.9%
  Feb '10 23 0 4 0 27  
Source: CMHC            
             
             
  Single Semi TH Apt Total % Chg
Amherstburg            
  YTD '11 1 2 0 0 3 200.0%
  YTD '10 1 0 0 0 1  
LaSalle            
  YTD '11 10 2 4 0 16 -15.8%
  YTD '10 15 0 4 0 19  
Windsor City            
  YTD '11 8 0 30 0 38 137.5%
  YTD '10 16 0 0 0 16  
Tecumseh Town            
  YTD '11 1 0 0 0 1 N/A
  YTD '10 1 0 0 0 1  
Lakeshore Town            
  YTD '11 8 0 0 0 8 33.3%
  YTD '10 6 0 0 0 6  
WINDSOR CMA            
  YTD '11 28 4 34 0 66 53.5%
  YTD '10 39 0 4 0 43  

Contact Information

  • For further information, please contact / Pour obtenir de
    plus amples renseignements, veuillez communiquer avec :
    Canada Mortgage and Housing Corporation
    Margot Stevenson
    (519) 873-2407
    mstevens@cmhc.ca
    or
    En français:
    Societe canadienne d'hypotheques et de logement
    Edward 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