Mayor Scott Gillingham made an ambitious claim that he wanted 8,000 new residences built in Winnipeg this year. We’ve heard different stories and claims that the city is on track to hit that ambitious goal of 8,000 new residences and that Winnipeg housing starts are up. However, the Canada Mortgage and Housing Corporation (CMHC) numbers tell us something entirely different. According to newly released data, single housing starts in Winnipeg are down 23%. Only three other major cities — Victoria, Vancouver, and Hamilton — are worse.
But the news doesn’t stop there. All other housing starts in Winnipeg are down a staggering 81%, a figure unmatched by any other major city in Canada. To put this in perspective, Saskatoon is down 74%, and London, Ont., is down 50%. Overall, the CMHC states that total housing, including single-detached and all other types, has decreased by 67% in Winnipeg. Only two other metropolitan areas in Canada with populations greater than 10,000 have seen greater decreases: Brantford at -80% and Kitchener-Cambridge-Waterloo at -69%.
Read more at the Winnipeg Sun, click here.
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