 鲜花( 9)  鸡蛋( 0)
|
Jobs, newcomers and stronger house prices are behind a surge in housing construction in the Edmonton region.
+ H9 t5 s: ? [0 ]
8 \& U7 h( L: @0 XHousing starts in the Edmonton metropolitan area jumped 40 per cent last month over July 2011, according to preliminary figures released Thursday by Canada Mortgage and Housing Corporation.
+ D* A6 Z8 E6 y' P( O # F' m7 q/ s( o1 H" g1 U
This July, 1,435 units were under construction compared to 1,034 units in July 2011. t: t n4 u; [
2 G0 F( e$ h$ l2 E C! Z% F' U
So far this year, housing starts totalled 6,903 units in the Edmonton metropolitan area, up from 5,085 units recorded in the first seven months of 2011.
+ n, M/ X% B1 u. Z7 s' X$ a
" @9 A7 D+ F& G& V/ }7 |+ l“Housing starts in Edmonton continue to be supported by employment growth and net migration," said David Lan, CMHC’s Senior Market Analyst for Edmonton, in a press release. "A strengthening resale market also contributed to the higher level of housing starts in July.”! @/ }" N% M/ ]+ H
8 Z- V3 q+ [4 U0 o9 Y( q3 M
The capital region saw the construction of single-detached houses rise 20 per cent in July to 582 homes from a year earlier.* T; s6 W u1 C2 N! \
. i" _! }* V4 o4 A3 L0 K
Within the City of Edmonton, 341 houses were started, compared to 289 units in July 2011.5 i( N. K# W7 B" B* j# }: r
0 p8 V: z/ F6 k$ B- n/ sSo far this year, 3,177 single-detached homes began construction in the region, 17 per cent over the same period last year.: d5 @1 ?9 r9 C
5 E/ I9 I$ [+ j2 hMulti-family starts, consisting of semi-detached units, row houses, and apartments, totalled 853 units in July, compared to 555 units a year earlier. Most — 89 per cent — were built in the City of Edmonton.
2 t7 _! m6 U8 ^" L7 z; F. }/ t 9 |: p( ~0 e, y, |0 t
Multi-family housing starts in the Edmonton region so far this year reached 3,726 units, compared to 2,380 units started in 2011.
7 z& R- G) n* l |
|