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Housing starts slow in April, CMHC sees signs of busy construction season

THUNDER BAY -- The home construction season in Thunder Bay is off to a slow start. According to the Canada Mortgage and Housing, there were three single-detached homes started in April.

THUNDER BAY -- The home construction season in Thunder Bay is off to a slow start. 

According to the Canada Mortgage and Housing, there were three single-detached homes started in April. 

That's two more than last April, when winter weather continued through to the end of the month. 

The 10-year average for April is six single family home starts. 

The CMHC says the local resale market is strengthening, and that, combined with a slight increase in building permit applications, bodes well for construction numbers over the next few months.

(TBT News)


 





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