Alberta Housing Outpaces Canada: CMHC

Again, touch wood ( touching wood ) but more decent news for Edmonton and Alberta...


EDMONTON - The Canadian Mortgage Housing Corporation forecast Tuesday, Aug. 14 that housing construction and sales will increase modestly in 2013 in Alberta while activity in most of the country slows down.


The Crown corporation’s latest housing market outlook predicts 400 more housing starts in 2013 in Alberta than 2012. That represents just 1.25 per cent growth, but CMHC predicts national construction activity to decline 6.8 per cent over the same period.


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