Housing in Barrie On The Decline As Builders Look To Springwater

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.