Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

February 08, 2011 08:15 ET

CMHC Reports Home Starts Lower in January

TORONTO, ONTARIO--(Marketwire - Feb. 8, 2011) - Builders started just 67 new homes in the Hamilton Census Metropolitan Area (CMA) last month, according to preliminary housing starts data released today by Canada Mortgage and Housing Corporation (CMHC). Starts were down as compared to recent months, but were not unusually low for this time of the year. The majority of the homes were started in the City of Hamilton. Nearly all of the homes started last month were single-detached homes.

"There were fewer starts of townhouses last month which led to lower total starts," said Sarah Fong, CMHC's Senior Market Analyst for Hamilton and Brantford. "Also, January also tends to be one of the slowest months of the year for new home starts," added Fong.

To view the graph associated with this release, please visit the following link: http://media3.marketwire.com/docs/cmhc0208ham.jpg.

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

Housing Starts January 2011
Hamilton CMA
  January  
  Single Semi TH Apt Total % Chg  
Hamilton CMA              
  Jan-11 64 0 3 0 67 -85.4 %
  Jan-10 93 14 106 245 458    
Burlington              
  Jan-11 14 0 0 0 14 -93.9 %
  Jan-10 8 14 25 182 229    
Hamilton              
  Jan-11 43 0 3 0 46 -79.0 %
  Jan-10 75 0 81 63 219    
Grimsby              
  Jan-11 7 0 0 0 7 -30.0 %
  Jan-10 10 0 0 0 10    
Halton Hills              
  Jan-11 5 2 0 0 7 -84.4 %
  Jan-10 15 0 30 0 45    
Milton              
  Jan-11 107 0 13 0 120 -46.9 %
  Jan-10 206 20 0 0 226    
Oakville              
  Jan-11 3 0 0 0 3 -93.8 %
  Jan-10 6 0 42 0 48    
Source: CMHC
*Hamilton Census Metropolitan Area (CMA) includes the City of Hamilton, Burlington, and Grimsby. Statistics Canada defines a CMA as one or more adjacent municipalities integrated with an urban core. A CMA must have a total population of at least 100,000.

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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 Tsiakopolous
    (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