 鲜花( 9)  鸡蛋( 0)
|
Jobs, newcomers and stronger house prices are behind a surge in housing construction in the Edmonton region.
: H8 z- e$ n0 W# i$ W4 r$ f * d6 ?) S/ o& x" L `- ^
Housing 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./ k1 ~- }, b' X# i
9 d8 a G X; Z8 o
This July, 1,435 units were under construction compared to 1,034 units in July 2011.
1 m2 ~/ p4 z; n . ? R8 z, }7 s! \, w" `: H
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.
0 b9 u) ?& Q: _. K 2 j3 E0 p6 e0 B* @0 z" T/ ^
“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.”
. t" Q$ z& k6 G
) U, A; V( W" GThe capital region saw the construction of single-detached houses rise 20 per cent in July to 582 homes from a year earlier.' d1 ]/ [2 r- E4 ~# D' T: I8 N
- R! c& u$ j' ?; J( U* T9 S1 i( G: s5 DWithin the City of Edmonton, 341 houses were started, compared to 289 units in July 2011.0 `! [) o; U# C0 K0 N
- o& v U2 b$ ~5 p5 i M( W0 n2 n vSo far this year, 3,177 single-detached homes began construction in the region, 17 per cent over the same period last year.
% ?$ K6 n2 F3 I$ h8 E0 C4 b7 Q: |
1 d6 K9 |/ _$ ^Multi-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.& b# f5 R% X4 t$ C% }7 ?( R K
* s# L* t8 C6 _Multi-family housing starts in the Edmonton region so far this year reached 3,726 units, compared to 2,380 units started in 2011.
' r2 P2 m. @. E |
|