GREATER SUDBURY, ONTARIO--(Marketwire - Jan. 11, 2011) - Greater Sudbury witnessed a strong rebound in single detached starts in 2010 according to preliminary data released today by Canada Mortgage and Housing Corporation. There were 369 single-detached starts in 2010 in Greater Sudbury, well ahead of the 224 counted last year. Similarly, total starts were up almost 28 per cent compared to 2009.
To view the graph associated with this press release, please visit the following link: http://media3.marketwire.com/docs/cmhc_sudbury_0111_graph.jpg
"In addition to healthy construction levels for single family homes multiple family starts reached the second highest level since 1994," stated Warren Philp, Northern Ontario Market Analyst with CMHC. "An improving economy, low mortgage rates and a supportive resale market, especially early in the year, paved the way for stronger new residential construction levels in 2010," added Philp.
Elsewhere in Northern Ontario, only Timmins saw fewer single-detached starts numbers this year compared to 2009, although total starts were up in that community. North Bay and Sault Ste. Marie both had good years with North Bay single family homes achieving the second highest single starts total since 1989.
| Housing Starts - Sudbury CMA and Northeastern Ontario | |||||||||||
| Singles | Semi | Row | Apt. | Semi | Row | Apt. | Total | ||||
| December | 2009 | 2010 | 2009 | 2010 | 2009 | 2010 | % Change | ||||
| Sudbury | 27 | 19 | 0 | 9 | 0 | 0 | 4 | 2 | 48 | 25 | -47.9% |
| Sault Ste Marie | 6 | 4 | 0 | 5 | 0 | 0 | 0 | 0 | 11 | 4 | -63.6% |
| North Bay | 7 | 13 | 0 | 2 | 0 | 0 | 0 | 0 | 9 | 13 | 44.4% |
| Timmins | 9 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 10 | 11.1% |
| Total | 49 | 46 | 0 | 16 | 0 | 0 | 4 | 2 | 77 | 52 | -32.5% |
| Singles | Semi | Row | Apt. | Semi | Row | Apt. | Total | ||||
| January to Dec. | 2009 | 2010 | 2009 | 2010 | 2009 | 2010 | % Change | ||||
| Sudbury | 224 | 369 | 8 | 90 | 128 | 4 | 29 | 173 | 450 | 575 | 27.8% |
| Sault Ste Marie | 78 | 103 | 2 | 5 | 0 | 2 | 0 | 0 | 85 | 105 | 23.5% |
| North Bay | 104 | 155 | 6 | 22 | 67 | 14 | 0 | 0 | 199 | 169 | -15.1% |
| Timmins | 35 | 28 | 0 | 0 | 0 | 0 | 0 | 14 | 35 | 42 | 20.0% |
| Total | 441 | 655 | 16 | 117 | 195 | 20 | 29 | 187 | 769 | 891 | 15.9% |
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 for January 2010, coming on February 8, 2011. 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:
Sudbury: 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