Quote:
Originally Posted by CMD UW
Actually, a greater proportion of Edmonton's housing market is in the multi-family category versus Calgary where it is still primarily dominated by the single-family category. So although I would agree that Calgary does pull in more migrants from Vancouver etc., correlating that to 'more' highrise or larger condo market is quite incorrect.
Latest CMHC housing stats Jan - Aug 2007
Calgary (City)
Single - 4177
Multi - 3551
Total - 7728
Proportion - 54% Single / 46% Multi
Edmonton (City)
Single - 2787
Multi - 3296
Total - 6083
Proportion - 46% Single / 54% Multi
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Point taken, although "multifamily" is not a homogeneous group. Certainly, my impression is that there is more "big city" large scale multifamily (ie midrise and highrise towers) being built and proposed in Calgary than in Edmonton.