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tammy forrest
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Calgary, AB
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Future housing starts are positive for the Calgary region.
 

Future housing starts are positive for the Calgary region.

 

Photograph by: Colleen De Neve , Calgary Herald

 

CALGARY — The short and long-term expectations for Calgary’s homebuilding industry are on a positive trend, according to the Conference Board of Canada.

In releasing its monthly housing starts data on Friday, the board said the seasonally-adjusted annual rate of starts was 13,152 in January for the Calgary census metropolitan area which was up from 8,771 a year ago.

The board said its short-term expectations are based on residential permits data while its long-term expectations are based on demographic requirements.

 

mtoneguzzi@calgaryherald.com



Read more: http://www.calgaryherald.com/business/Calgary+housing+starts+expected+rise/6169032/story.html#ixzz1nF3fKk4X

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