Alberta to buck national trend for new home construction
Housing starts expected to increase in 2012 and 2013
By Mario Toneguzzi, Calgary Herald January 10, 2012
CALGARY — Alberta is expected to buck the national trend for new home construction in the next two years, according to a report by TD Economics.
After seeing a forecasted 6.3 per cent annual decline in 2011 to 25,200 housing starts, the report is predicting new home construction will increase in the province by 2.5 per cent in 2012 to 25,800 units and by another 1.6 per cent in 2013 to 26,200 units. [continued...]
