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National Housing Starts Drop 5.2% YoY — Why Alberta Tells a Different Story
Tags : Alberta Real EstateCMHCconstruction feasibilityHousing Startsmarket dataPrairies real estateresidential construction Canada
National housing starts: -5.2% YoY. Prairies: above historical average. Same country, opposite story. Most people will read that headline and assume Canada’s residential construction is slowing everywhere, at the same pace. It isn’t. Here’s what the disaggregated CMHC data actually shows: →→ National: 22,633 units in centers above 10,000 people, down 5.2% YoY →→ Prairies:..
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