Calgary has led Canada in housing starts, driven by multi-family projects rather than single-family homes. Major developments include office-to-residential conversions downtown, adding thousands of rental homes, and large condo projects in Beltline and NoBow. Suburban areas like West District, Aspen Woods, and Trinity Hills also see significant multi-family growth. Multi-family and purpose-built rentals now make up 70% of housing starts, marking a shift toward denser urban living.
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