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Calgary Real Estate by Tost Realty Group

Calgary Population Increase

The 2013-2017 Suburban Residential Growth report has predicted that Calgary's population is going to grow by almost 120,000 people over the next five years. This represents a 94 percent increase in population within the city's outlying communities. The report further predicts that 50,600 housing units will be built in the area within the same time frame, with 77 percent being in new suburban developments.

Due to current growth patterns, the city is having trouble finding a balance between inner-city redevelopment and new suburban development. According to the city's report, the city has approximately 10 to 12 years of planned land supply. This land is capable of accommodating 310,834 people in a variety of housing structures, including mixed single, semi and multi-residential. The city further reports that it has enough serviced...