New home starts to break 12,000 mark

Calgary and area new home builders will surpass the 12,000 mark for new home starts by the end of December for the first time since 2007.

In ‘07, builders started 13,505 new homes of all types in the Calgary Census Metropolitan Area (CMA) and as of the end of November this year, 11,975 new homes had been started, says the Canada Mortgage and Housing Corp. (CMHC).

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