Real Estate . The Calgary census metropolitan area has recorded one of the biggest year-over-year increases in housing starts across the country, according to the Conference Board of Canada.
In a report of 27 metropolitan areas released Monday, the board said the Calgary region's seasonally adjusted annual rate of starts in April was 20,426, up from 6,667 in April 2011.
Also, the board said short and long-term expectations for housing starts are positive in the Calgary region. Short-term expectations are based on residential permits.
Long-term expectations are based on demographic requirements.