Tuesday, May 8, 2012

Housing Starts Are Up For April

It continues to be a good year for new housing construction in Thunder Bay. According to Warren Philp of Canada Mortgage and Housing, we are up 60 per cent from this time last year and says it's all because of demand. There were twenty new houses which started in the city last month which is up from seven in April of last year. Philp credits the increase to it being a "sellers" market in the city.