Thursday, January 9, 2014

Housing Starts Down In 2013

Government figures are showing housing starts in Thunder Bay  were down over 15 per cent 2013.   Warren Philp of Canada Mortgage and Housing says that's a drop of over 50 starts of both multiple and single detached units.    There were 324 starts last year compared to 380 in 2012.   On a positive note Philp says the number of single starts last year is in line with the 20 year average.