Housing in Barrie On The Decline As Builders Look To Springwater

Housing Starts In Barrie Trending Down

Housing in Barrie is on the decline. The Canadian Mortgage and Housing Corporation says there were about a hundred and fifty fewer housing starts in May than there were in April, with only 1,267 starts last month. The CMHC’s market analyst for Barrie says it’s due to single- detached home starts trending lower, citing land constraints in the city, developers are opting for more single-detached home starts in Springwater instead.