Quote:
Originally Posted by Urban2Core
I read somewhere that multi-family homes (townhomes, apartments, condos, etc.) account for 70% of all new home construction in Canada, while only 30% of new home construction is single family homes
Conversely, new home construction in the US is 65% single family and 35% multi-family.
So why such a difference in construction on either side of the border? Our societies aren't that much different from one another. USA as a country has much higher population density than Canada. So shouldn't Canada be the one building more single family homes?
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Your Canadian statistics are incorrect.
This publication from the federal government predicts that 2012 will see construction start on 82,700 single family units and 107,300 multi-family units in Canada. So this year, the ratio will be more like 44% single family and 56% multi-family.