Mutli-family home starts in the Calgary CMA in October made up 56% of all starts, led by the highest monthly total of row housing starts in 20½ years.
Construction started on 438 multi-family homes last month, compared to 230 starts last October, continuing a 10-monthstreak of monthly year-over-year increases and it’s fair to say builders had their starts in a row last month.“A majority of the multi-family starts can be attributed to row housing, as the 250 row housing units started in October represent the highest number of row starts for any month since May 1990,” says Richard Cho, CMHC senior market analyst for Calgary
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