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Province says record starts keeping Alberta’s housing boom strong
In the first six months of 2024, officials with the Alberta government say housing starts in the province have increased by 54 per cent as more than 21,500 new homes started construction across the province.
Government officials say Alberta set a new record in June with the most housing starts in the first six months of a year, according to new data from the Canadian Mortgage and Housing Corporation (CMHC). The province says more homes are being built in Alberta due to the government’s ambition to reduce red tape and lower development costs for new homes.
“Alberta’s effort to reduce red tape and remove barriers to building homes continues to show success,” says Jason Nixon, Minister of Seniors, Community and Social Services. “While housing construction has slowed down in other large provinces, Alberta’s housing construction is booming. Our government will continue to ensure that Alberta keeps building to meet housing demand.”
While Canada had only a seven per cent increase in housing starts in the same time period, the provincial government says Alberta’s housing boom of 54 per cent is going strong and is on pace to set records as one of the busiest years ever. Officials say Alberta’s two major centres continue strong as Edmonton increased its number of housing starts by 67 per cent and Calgary by 38 per cent since the same time last year.