Calgary sees record housing development in 2023, but demand is outstripping supply

Calgary sees record housing development in 2023, but demand is outstripping supply

New home construction reached an all-time high in Calgary last year, but demand continues to outstrip supply and pressure the city’s housing market. According to the City of Calgary, 15,393 homes were built in the city in 2023; 11 per cent more than the previous year. The construction of multi-residential homes increased by 49 per … Read more