Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

February 08, 2011 08:15 ET

Thunder Bay Construction Above Average in January

THUNDER BAY, ONTARIO--(Marketwire - Feb. 8, 2011) - Single-detached housing starts in January were up by two units over last year's total of four. The month's activity was also two units ahead of the ten year average for the month of January according to preliminary data released today by Canada Mortgage and Housing Corporation (CMHC).

"The new construction market has kicked off on a positive note. The six single-detached starts are quite good given the weather in January, which was quite a cold month," observed Warren Philp, Northern Ontario Market Analyst with CMHC. "Tighter resale market conditions in Thunder Bay have spilled over into higher levels of new home construction," concluded Philp.

To view the associated graph entitled "January Starts Slightly Above 10 Year Average", please visit the following link: http://media3.marketwire.com/docs/thunderbay.pdf.

To view the associated table entitled "Urban Housing Starts January", please visit the following link: http://media3.marketwire.com/docs/thunderbay2.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 February, 2011, coming on March 8, 2011. CMHC's national web-site is located at www.cmhc.ca.

Contact Information

  • 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