 鲜花( 9)  鸡蛋( 0)
|
Jobs, newcomers and stronger house prices are behind a surge in housing construction in the Edmonton region.
, [ s/ ]/ v* `1 i0 M 5 e& C8 L' u6 D/ N6 D3 C
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.
1 |7 g, t( _9 J , z' O; w. `1 g4 C0 S4 q+ k
This July, 1,435 units were under construction compared to 1,034 units in July 2011.
1 U8 j k' I/ B( k) v3 S, e ( O* J! p, P; A% a3 ~/ k
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.
- l/ g; @6 T. P C$ j# s: ~7 y' b8 }4 U : S% @5 d7 v2 y1 @
“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.”+ ^ j" b; a- S9 w$ M! R" A8 U! D
4 E; h6 }# q; ^/ l5 L0 [The capital region saw the construction of single-detached houses rise 20 per cent in July to 582 homes from a year earlier.
" F/ d! e4 `+ x4 d, k
5 d5 L% [4 c( f G& J0 d) Y& SWithin the City of Edmonton, 341 houses were started, compared to 289 units in July 2011.7 @3 d$ F3 v Y$ y6 d. v8 |8 n
! o3 a2 S+ H& `+ A2 c5 z* a1 l" ASo far this year, 3,177 single-detached homes began construction in the region, 17 per cent over the same period last year.
" F8 V/ X% j3 j7 o % ~5 b2 \) g# R7 X/ G2 H
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.
- H- J. Q1 f+ m 3 I x6 ^0 P* `, a" N; m" O* N
Multi-family housing starts in the Edmonton region so far this year reached 3,726 units, compared to 2,380 units started in 2011.
$ T$ H R& a/ i1 W/ |# m1 ]# R U |
|