No Thunder Bay Starts in February

THUNDER BAY, ONTARIO--(Marketwire - March 8, 2012) - According to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC), there were no Thunder Bay starts in February compared to one last February.

"On average there are slightly more than two single-detached units started in February. This February is below average but it is not uncommon for there to be no starts counted in a month like February given the nature of the residential construction industry in Northern Ontario," said Warren Philp, CMHC's Northern Ontario Market Analyst.

As Canada's national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high 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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