Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

January 11, 2011 08:15 ET

Sudbury Single Starts Recover in 2010

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