Slower year for housing starts in Windsor area but positive signs exist

Housing starts in the Windsor area showed a modest 5% increase in July, with 261 approved units waiting to start, up 7.9%, while units under construction fell 6.6%. Completed units rose nearly 51% to 176. Incentives like Ontario’s HST rebate and proposed development charge reductions could boost new home construction. Developers are cautious, awaiting decisions on these policies and upcoming municipal elections.