Multi-family pace soars over houses

Construction starts of multi-family housing in Calgary and area exceeded those of detached single-family homes in 2012 — something that has only happened three other times since 1980, says a federal agency.

Multi-family housing starts in the Calgary census metropolitan area soared to 6,880 in 2012, up 63 per cent from 4,208 starts in 2011, says Canada Mortgage and Housing Corp.

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