Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

July 10, 2012 08:15 ET

Kingston Starts Decreased in the Second Quarter of 2012

KINGSTON, ONTARIO--(Marketwire - July 10, 2012) - According to the latest preliminary data released by Canada Mortgage and Housing Corporation (CMHC), total housing starts in the Kingston Census Metropolitan Area (CMA) were 128 units in the second quarter of 2012, down from 176 units in the second quarter of 2011.

"Single housing starts are beginning to return to historical levels, following a strong performance in the first three months of 2012," said Abdul Kargbo, CMHC's Kingston Market Analyst.

The first half of the year posted a decline in total housing starts across all dwelling types, with the exception of row structures. "Row or townhouse construction activity remained healthy as low mortgage rates continue to attract many first-time homebuyers," concluded Kargbo.

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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Housing Starts - Kingston CMA
Singles Semi Row Apt. Semi Row Apt. Total
Second Quarter 2011 2012 2011 2012 2011 2012 % Change
Kingston City 107 76 10 26 0 0 10 0 143 86 -39.9 %
Frontenac Islands 2 0 0 0 0 0 0 0 2 0 -100.0 %
Loyalist 14 28 0 0 0 2 4 0 14 34 142.9 %
South Frontenac 17 8 0 0 0 0 0 0 17 8 -52.9 %
Kingston CMA 140 112 10 26 0 2 14 0 176 128 -27.3 %
Year to Second Quarter
Kingston City 161 122 10 30 190 6 30 30 391 188 -51.9 %
Frontenac Islands 4 7 0 0 0 0 0 0 4 7 75.0 %
Loyalist 30 63 0 0 0 2 8 0 30 73 143.3 %
South Frontenac 31 19 0 0 0 0 0 0 31 19 -38.7 %
Kingston CMA 226 211 10 30 190 8 38 30 456 287 -37.1 %

Contact Information

  • Abdul Kargbo, Market Analyst
    613-748-5129
    akargbo@cmhc.ca

    Kingston (French):
    Sandra Perez Torres, Senior Market Analyst
    613-748-5120
    sperezto@cmhc.ca

    National Media Contact:
    Charles Sauriol
    Senior Media Relations Officer
    (613) 748-2799
    csauriol@cmhc.ca