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Calgary

Calgary housing starts climb while new builds decline nationally

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Calgary home starts were on the rise through the first quarter of 2025, while the number of new builds lagged at the national level.

Despite housing starts tapering off across the country, the number of new builds in Calgary has continued to climb to start 2025.

The Canada Mortgage and Housing Corporation (CMHC) released its quarterly housing start statistics this week, showing housing starts in the city rose 16 per cent in the first quarter of 2025 – up to 6,271 from 5,385 in 2024.

Nationally, housing starts dropped 12.5 per cent in centres with a population of 10,000 or greater.

Canada’s largest cities saw decreases in housing starts in the first quarter, including Toronto (-58 per cent) and Vancouver (-37 per cent.

But many of Canada’s other major cities were also starting more homes than they did in 2024, including Edmonton (+17 per cent), Montreal (+89 per cent), Ottawa (+72 per cent), Regina (+83 per cent) and Winnipeg (+30 per cent).

According to the City of Calgary, since January 1, 7,965 new homes were deemed ready for occupancy in Calgary, more than doubling the first quarter of 2024.

Those new homes include 3,689 multi-residential (apartment) units, 1,711 secondary suites, 1,324 single detached homes, 760 rowhouses/townhouses, and 481 semi-detached homes.

The city estimates those homes will provide housing for approximately 21,000 Calgarians.

Currently, 275 people move to Calgary per day on average, the city says.

Year-over-year, housing starts were up 27 per cent in Calgary, with 2,235 in March 2025, compared to 1,760 in March 2024.