Economic Review and Alberta Economy Indicators at a Glance (Weekly)
The Economic Review contains economic commentary, analysis and statistics examining Alberta’s economy, labour market, price indices, household sector and business sector. Alberta Economy at a Glance documents contain the most recent data releases for key economic indicators relating to the overall economy, labour market, price indices, household sector and business sector. Both of these documents are published every Friday afternoon.
Economic Review: Alberta’s housing starts improve (April 13, 2018)
Alberta Economy Indicators at a Glance (complete report - see below for new indicators as of April 13, 2018):
Housing Starts (seasonally adjusted)
Alberta housing starts rose by 14.0% m/m in March to 26,972 units (annualized). They were down 22.6% y/y, as declines in multi-family (-38.8% y/y) overwhelmed gains in single‑family starts (+6.7% y/y).
New Housing Price Index (seasonally adjusted)
In January, Alberta’s New Housing Price Index (NHPI) ticked down 0.2% y/y. The house-only component fell (-0.6% y/y) while land prices were up (+0.6% y/y).
Building Permits (seasonally adjusted)
Alberta building permits were up 13.2% y/y in February to $1.3 billion, as increased residential permits (+25.1% y/y) more than offset a decline in non‑residential permits (-4.3% y/y).
Chart: Housing Market - Monthly
Source: Statistics Canada, Canada Mortgage and Housing Corporation
Note: "SAAR" denotes seasonally adjusted at annual rate.
Click here for the complete Alberta Economy Indicators At a Glance (April 13, 2018).
The following file contains data in the tables and charts of the weekly Alberta Economy Indicators at a Glance publication.
Economic Indicators Data Tables (MS Excel) (posted April 6, 2018).
- Weekly Economic Review:
- Weekly Alberta Economy Indicators at a Glance: