Housing Starts Up in Windsor

WINDSOR, ONTARIO--(Marketwire - Jan. 11, 2011) - According to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC), housing starts in the Windsor Census Metropolitan Area¹ (CMA) totaled 617 units in 2010, up 58 per cent from the 391 units started in 2009. At 66, starts in December were higher than they had been since 2004 in the final month of the year.

"Residential construction in Windsor has picked up from last year's low and is on par with 2008's activity," said Margot Stevenson, Market Analyst for Canada Mortgage and Housing Corporation. "A combination of a balanced resale market and an improving employment picture has resulted in stronger demand for new homes in Windsor," added Stevenson.

In December, builders started 34 single-detached houses, 12 townhomes and 20 apartment units. Over the course of 2010, builders had started 460 single-detached homes, 26 semi-detached homes, 89 townhouse units and 42 apartment units in the Windsor CMA. 

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. 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.

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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