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May 16, 2013 | CREBNow
Building on Starts
Calgary and Alberta seemed to have missed the memo on declining house starts in Canada.
Starts decreased across the country in March and April, but not in the Calgary area, where starts increased both months.
The Canada Mortgage and Housing Corporation (CMHC) reported 11,323 starts in the Calgary Census Metropolitan Area in April compared to 11,242 in March, a trend of sixmonth moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.
Starts decreased across the country in March and April, but not in the Calgary area, where starts increased both months.
The Canada Mortgage and Housing Corporation (CMHC) reported 11,323 starts in the Calgary Census Metropolitan Area in April compared to 11,242 in March, a trend of sixmonth moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.