Maxwell Canyon Creek
RSS

Calgary and area Real Estate

Posted on by

Calgary’s homebuilding industry is facing a positive future, according to a report by the Conference Board of Canada.

Photograph by: Colleen De Neve , Calgary Herald

CALGARY — Expectations for the homebuilding industry in the Calgary region are positive, according to the Conference Board of Canada.

In its Metropolitan Housing Starts report released Friday, the board said short and long term expectations for housing starts are positive in the Calgary census metropolitan area.

The seasonally-adjusted annual rate of starts for the region was 9,417, up from 6,734 a year ago.

Short-term expectations are based on residential permits while long-term expectations are based on demographic requirements.

 

mtoneguzzi@calgaryherald.com

© Copyright (c) The Calgary Herald



Read more: http://www.calgaryherald.com/business/Positive+outlook+Calgary+region+housing+starts/7105265/story.html#ixzz23osIqPSd

Comments:

No comments

Post Your Comment:

Your email will not be published
Powered by myRealPage.com
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.