Tuesday, July 10, 2012
CMHC Releases Housing Stats
Thunder Bay's experiencing a boom in it's second quarter housing starts. Canada Mortgage and Housing Analyst Warren Philp says the 39 single detached housing starts in June is 13 higher than the 10-year average. In contrast, housing construction of semi-detached, row and apartment construction is still negligible, leaving total starts off 12 percent from 2011.