Positive 2017 New Home Builder Sentiment

More New Homes To Be Built In 2017

Members of the Canadian Home Builders Association in Alberta indicated this month that 2016 will likely be the bottom of the new home build slow down.

A members poll revealed that 2016 expects to see a total of 22,500 new builds, with 2017 improving to about 28,825.  The 2011 to 2015 five year average was 34,600.

 

Of Interest…

  • Today’s 5 Year Fixed Rates in the US are around 3.43%.
  • Canadian Inflation remains low at 1.26%.
  • Calgary Inflation is at 0.6%.

Join the discussion One Comment

Leave a Reply