SIM­PLY CAP­I­TAL

Calgary Herald - Calgary Herald New Condos - - New Condos -

While multi-fam­ily de­vel­op­ment eased in the Calgary area in the first six months of 2012 com­pared to the same time last year, it was on the rise in the Ed­mon­ton area, says a fed­eral agency.

From Jan. 1 to the end of June, 5,166 multi-fam­ily units broke ground in the Ed­mon­ton cen­sus metropoli­tan area, up 80 per cent from 2,873 dur­ing the same pe­riod last year, says Canada Mort­gage and Hous­ing Corp. The area in­cludes sur­round­ing towns and cities, as well as Ed­mon­ton. Visit cmhc-schl.gc.ca

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