Windsor's 2016 housing starts the highest in a decade
CBC News | Posted: January 10, 2017 4:47 PM | Last Updated: January 10, 2017
Home building industry sees rise overall in 2016, but drop in December
The home building industry in the Windsor region was busy in 2016 with work beginning on 25 per cent more homes than the pervious year, according to the Canada Mortgage and Housing Corporation.
"Despite the recent easing, the total number of single-detached starts in 2016 was the highest since 2005," said Anthony Passarelli, a senior market analyst with CMHC, who credited the increase in builds to a higher employment rate and people moving to the area. "That helped to push 2016 total starts to its highest level in more than a decade."
Tecumseh was the only town to record a decline.
Here's a look at housing starts in the area:
| TOTAL CMA | Dec | Year |
|---|---|---|
| Total CMA | down 16% | up 25% |
| Windsor | down 25% | up 34% |
| LaSalle | up 158% | up 30% |
| Amherstburg | down 25% | up 35% |
| Tecumseh | down 73% | down 14% |
| Lakeshore | down 28% | up 19% |
(Source: Canada Mortgage and Housing Corporation)