Sold sign. (BlackburnNews.com file photo by Adelle Loiselle)Sold sign. (BlackburnNews.com file photo by Adelle Loiselle)
Windsor

September Housing Starts And Sales Up

Both housing starts and sales are up according to the Windsor-Essex County Association of Realtors and the Canada Mortgage and Housing Corporation.

The association says despite a 5.86% drop in market activity last month over September 2014, sales jumped 16.51%. The latest monthly statistics say 508 homes changed hands last month. So far this year, 4816 homes have been sold, an increase of 17%.

The average cost of buying a home in Windsor-Essex inched 1.06% to $201,175.

Meanwhile, the Canada Mortgage and Housing Corporation says ground broke on 174 single-detached and multi-unit homes last month, an increase of 96% over last September. The year-to-date figures say construction started on 613 units compared to 508 between January and September 2014. That's an increase of 21%.

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