Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

August 09, 2011 08:15 ET

Thunder Bay Singles Starts Jump Up in July

THUNDER BAY, ONTARIO--(Marketwire - Aug. 9, 2011) - July single-detached home starts in Thunder Bay were six units ahead of the level attained a year earlier. According to data released today by Canada Mortgage and Housing Corporation (CMHC), there were 34 single-detached homes started in July, up from 28 last year. Despite this increase in July, the year-to-date total is off two per cent from the first seven months of 2010.

"July's strength offset the weaker activity in June," noted Warren Philp, CMHC's Northern Ontario Market Analyst. "The upswing was not unexpected since the slow 2011 start pushed forward the building season somewhat."

There were no semi, row or apartment starts in July after 24 units started in June.

URBAN HOUSING STARTS
JULY
Single Family Semis, Rows, Condos and Apartments Total
2010 2011 % chg 2010 2011 % chg 2010 2011 % chg
Thunder Bay 28 34 21.4 4 0 -100.0 32 34 6.3
YEAR-TO-DATE: JANUARY TO JULY
Single Family Semis, Rows, Condos and Apartments Total
2010 2011 % chg 2010 2011 % chg 2010 2011 % chg
Thunder Bay 101 99 -2.0 8 34 325.0 109 133 22.0
Source: CMHC

As Canada's national housing agency, CMHC draws on 65 years of experience to help Canadians access a variety of high quality, environmentally sustainable and affordable homes. CMHC also provides reliable, impartial and up-to-date housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions.

Aussi disponible en francais.

Our next Housing Starts press release will be August, 2011, coming on September 9, 2011. CMHC's national web-site is located at www.cmhc.ca.

To view the graph associated with this Press Release, please visit: http://media3.marketwire.com/docs/cmhc0808.pdf.

Contact Information

  • Canada Mortgage and Housing Corporation
    Warren Philp
    Thunder Bay
    (807) 343-2016
    wphilp@cmhc.ca

    Canada Mortgage and Housing Corporation
    En francais
    Sandra Perez-Torres
    (613) 748-5120
    sperezto@schl.ca

    Canada Mortgage and Housing Corporation
    Shaun Hildebrand
    Ontario
    (416) 218-3466
    shildebr@cmhc.ca

    Canada Mortgage and Housing Corporation
    Charles Sauriol
    Canada
    (613) 748-2799
    csauriol@cmhc.ca
    www.cmhc.ca