Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

October 08, 2010 08:15 ET

September Thunder Bay Starts Continue Ahead of Last Year

THUNDER BAY, ONTARIO--(Marketwire - Oct. 8, 2010) - September's twenty single-detached starts was an average month when looking at the last ten years, according to preliminary data released today by Canada Mortgage and Housing Corporation. Despite this, year-to-date starts activity stands at 156 units, up 34.5 per cent from 2009.

"The 83 singles started in the third quarter in Thunder Bay were up 22 per cent from last year and topped the five year third quarter average by 24 per cent, both positive signs in a year where starts have slowed in most parts of the country after mid-year. Year-to-date, multi-family housing construction is equal to 2009," stated Warren Philp, Northern Ontario Market Analyst with CMHC.

To view the "Thunder Bay single-detached starts (units)" graph, please visit the following link:

http://media3.marketwire.com/docs/cmatb.pdf

URBAN HOUSING STARTS
SEPTEMBER
  Single Family   Semis, Rows, Condos and Apartments   Total
  2009   2010   % chg   2009   2010   % chg   2009   2010   % chg
Thunder Bay 11   20   81.8   0   2   ##   11   22   100.0
 
YEAR-TO-DATE: JANUARY TO SEPTEMBER
  Single Family   Semis, Rows, Condos and Apartments   Total
  2009   2010   % chg   2009   2010   % chg   2009   2010   % chg
Thunder Bay 116   156   34.5   14   14   0.0   130   170   30.8
Source: CMHC                 

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 — homes that will continue to create vibrant and healthy communities and cities across the country.

Aussi disponible en francais.

Our next Housing Starts press release will be October, 2010, coming on November 8, 2010. CMHC's national web-site is located at www.cmhc.ca.

Contact Information

  • For additional information please contact/Pour obtenir de
    plus amples renseignements, veuillez communiquer avec :
    Thunder Bay:
    Warren Philp
    (807) 343-2016
    wphilp@cmhc.ca
    or
    En francais:
    Sandra Perez-Torres
    (613) 748-5120
    sperezto@schl.ca
    or
    Ontario:
    Ted Tsiakopoulos
    (416) 218-3407
    ttsiakop@cmhc.ca
    or
    Canada:
    Charles Sauriol
    (613) 748-2799
    csauriol@cmhc.ca