Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

October 11, 2011 08:15 ET

CMHC Reports September Housing Starts Up in Windsor

WINDSOR, ONTARIO--(Marketwire - Oct. 11, 2011) - New home starts were up in September in the Windsor Census Metropolitan Area(1) (CMA) according to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC). Builders laid foundations for 90 homes compared to 42 in September 2010.

"The overall growth in housing starts this year is largely due to an increase in the construction of semi-detached homes and townhomes," said Paul Tessaro, Market Analyst for Canada Mortgage and Housing Corporation. "Semi-detached starts more than tripled and townhome starts nearly doubled compared to the number of starts in these categories by the end of September 2010," added Tessaro.

September starts in the Windsor area included 56 single-detached homes, 26 semi-detached homes and eight townhomes. Year-to-date, builders started 336 single-detached homes, 44 semi-detached homes, 96 townhomes and eight apartments in the Windsor CMA, up 14 per cent from the same time in 2010.

As Canada's national housing agency, CMHC draws on more than 65 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. For more information, visit www.cmhc.ca or call 1 800 668-2642.

(1) Statistics 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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