Low new construction starts is not keeping up with demand causing a supply shortage

Record levels of low supply of homes for buyers to choose from has pushed prices up this spring. The main culprit is lack of new home inventory to keep pace with net migration and demand. But, relief is on the way as new subdivisions and projects come on stream. Check out the recent Calgary Herald article I initiated to explore and start a conversation on the causes of why new construction starts are way down in our region from last year.

https://calgaryherald.com/life/homes/calgary-short-on-housing-supply