Housing starts in the Windsor area were trending up in October, compared to September.
Canada Mortgage and Housing Corporation says new home construction was at 1,220 units in October compared to 1,149 in September.
The trend is a six month moving average of the monthly seasonally adjusted annual rates of housing starts.
"Job growth, higher average weekly earnings and low mortgage rates have led to greater housing demand in Windsor,” says Anthony Passarelli, senior market analyst with CMHC.“Listings have not kept pace with the increase in demand, which has created an opportunity for developers to increase housing starts."
The 125 starts last month is more than double what it was last October.
