After flying under the home construction radar screen for more than a year and a half, the multi-family sector of the Calgary and area new homes market soared to new heights in November, with 1,098 starts.
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Tag Archives: boost
Mid-recession Mini Real Estate Boost In Municipal Foothills And Okotoks
The Municipal Foothills District in Canada is enjoying a mid-recession mini real estate boom after the small city of Okotoks has made the headlines once again. Moneysense Magazine completed its annual review of the best places to live in Canada for 2013. Okotoks was ranked 36th of the 200 examined Canadian communities and also reached 18th position out of 139 small cities, putting it in the top 20% for both categories. Moneysense Magazine examined many factors in its annual review including average price of a home, average household income, crime index and doctors per thousand people.
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Analysis: More Americans leave parental nest in boost for housing
(Reuters) – Americans are feeling increasingly confident in the future and more and more are striking out to set up their own homes, a move that is helping propel the housing recovery.
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In Canada’s housing market, Calgary is a positive outlier
How 2012 shaped up
Calgary is a positive outlier when it comes to the housing market, but in many ways it is just playing catch-up. Canada’s housing market slumped in the wake of the 2008 financial crisis and then generally bounced back. But the recovery lagged in Calgary.
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