Red Deer housing up 115 per cent in 2024
The province has continued its progress in keeping up with the demand for housing in Alberta in 2024.
In Red Deer, the community saw a 115 per cent increase from 146 to 314 homes this year, according to the Canada Mortgage and Housing Corporation. The province as a whole is up 35 per cent from 24,904 to 33,577.
However, the biggest increase has been in Lethbridge which was up 305 per cent from 148 to 599 homes.
Although the government recognizes the need for more housing as the population continues ot increase, monthly data from the Canada Mortgage and Housing Corporation shows the government is helping meet the supply challenge.