Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

October 08, 2010 08:15 ET

Sudbury Single Starts Higher in September

GREATER SUDBURY, ONTARIO--(Marketwire - Oct. 8, 2010) - According to preliminary data release today by Canada Mortgage and Housing Corporation, Sudbury single detached housing starts reached 33 units in September up from 23 units started this month last year.

"For the first nine months of 2010, single-family detached starts in Sudbury are up nearly 90 per cent compared to the first nine months of 2009" stated Warren Philp, Northern Ontario Market Analyst. Sudbury's total of 266 single-detached starts combined with the stronger-than-average 188 semi, apartment and condominium units brought total starts to 454 units this year, 37.6 per cent ahead of last year numbers for the same period.

To view the graph associated with this release, please visit the following link: http://media3.marketwire.com/docs/cmhc1008sud.pdf.

Of the three other major cities in Northeastern Ontario, North Bay had the most residential construction activity in the first nine months of 2010 with 125 units commencing, including 12 multi-family units. Moreover, single-detached starts in this city are 52.7 ahead of a busy 2009. Despite the good month and quarter in North Bay, high third quarter starts there in 2009 leave 2010 activity in North Bay 24 per cent behind 2009 levels to September 30th. The two other major cities, Sault Ste. Marie and Timmins, completed the first nine months ahead of 2009.

To view the table associated with this release, please visit the following link: http://media3.marketwire.com/docs/cmhc1008sudtable.pdf.

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: Canada Mortgage and Housing Corporation
    Warren Philp
    (807) 343-2016
    wphilp@cmhc.ca
    or
    En francais :
    Canada Mortgage and Housing Corporation
    Sandra Perez-Torres
    (613) 748-5120
    sperezto@schl.ca
    or
    Ontario:
    Canada Mortgage and Housing Corporation
    Ted Tsiakopoulos
    (416) 218-3407
    ttsiakop@cmhc.ca
    or
    Canada:
    Canada Mortgage and Housing Corporation
    Charles Sauriol
    (613) 748-2799
    csauriol@cmhc.ca
    www.cmhc.ca