New Home Construction Softening

A softening in the home construction industry in Windsor-Essex.

According to the latest figures from the Canada Mortgage and Housing Corporation, the monthly seasonally adjusted rate has dropped to 1,298 homes in July 2017, compared 1,493 in June 2017.

That's a 13% drop.

The trend measures a six-month moving average.

Both single-detached and attached units experienced a drop.