Only One Sudbury Start in February

GREATER SUDBURY, ONTARIO--(Marketwire - March 8, 2012) - According to preliminary data released today by Canada Mortgage and Housing Corporation, there was only one housing start in the Greater Sudbury Census Metropolitan Area (CMA) in February, unchanged from last year.

"The one unit in February brings the year-to-date total in Sudbury to eight units, down from 11 for the first two months last year. Again, thus far in 2012, semi-detached units are finding favour with prospective new home buyers," 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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