Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

February 08, 2012 08:15 ET

January Housing Starts Down in Windsor

WINDSOR, ONTARIO--(Marketwire - Feb. 8, 2012) - New home starts were down in January in the Windsor Census Metropolitan Area (CMA) according to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC). Builders laid foundations for 48 homes compared to 53 in January 2011.

"The decline in construction versus January 2011 was due to the much lower construction of row housing," said Paul Tessaro, Market Analyst for CMHC. "However, row starts in January 2011 were higher than they had been in any month since June 2006, making the number somewhat atypical."

January starts in the Windsor area included 26 single-detached homes, six semi-detached homes and 16 townhomes.

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 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 CMHC Housing Market Information.

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Contact Information

  • Canada Mortgage and Housing Corporation
    Paul Tessaro
    Market Analyst
    (226) 235-0706
    ptessaro@cmhc.ca

    en francais:
    Canada Mortgage and Housing Corporation
    Ed Heese
    Senior Market Analyst
    (416) 218-3369
    eheese@schl.ca