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Mortgage Broker News | 29 Nov 2010, 09:26 AM Agree 0
Calgary construction starts for 2010 are forecasted to total 9,100 by the end of December, according to the Canada Mortgage and Housing Corporation.
  • Vipul Jasani, IFRS and Management Consultant | 30 Nov 2010, 04:19 PM Agree 0
    These numbers are inline with expectation. Number of projects which were on hold in 2008 and 2009, are active from Q3 2010. Considering normal industry cycle, these projects will generate adequate inventory in 2011 and consequently new starts will decline marginally. Couple of big projects and investment in energy sector in 2011 may change above projection.
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