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Real-Estate & Development This forum looks at specific real estate projects and developments - past, present, and future - in the Edmonton area. Here’s where to look for updates on developments, read about new projects, suggest improvements to buildings or other projects.


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Old 09-08-2012, 02:30 PM   #1
IanO
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Default Edmonton housing starts surge

Edmonton housing starts surge


BY BILL MAH, EDMONTON JOURNAL AUGUST 9, 2012 1:01 PM



STORYPHOTOS ( 1 )



House construction in Edmonton.
Photograph by: File photo , edmontonjournal.com
EDMONTON - Jobs and newcomers are boosting home construction in the Edmonton region to levels not seen since the early 2000s, according to the Canada Mortgage and Housing Corp.

Housing starts in the Edmonton census metropolitan area for July surged to 1,435, up from 1,034 in July 2011.

“Housing starts in Edmonton continue to be supported by employment growth and net migration,” said David Lan, CMHC senior market analyst for Edmonton.

Lan pointed to Statistics Canada figures showing net migration to Alberta jumped to 22,067 people in the first quarter of 2012, compared to the 8,983 in the same quarter in 2011.

http://www.edmontonjournal.com/busin...304/story.html
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Old 09-08-2012, 02:41 PM   #2
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I added to that July number
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Old 09-08-2012, 08:15 PM   #3
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It ran in the Calgary herald too... Positive news about in edm in the herald... Must have been a slow news day or someone was in a really good news

;p
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Old 10-08-2012, 11:56 AM   #4
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What surprised me is how many more preliminary housing starts there were in Edmonton compared to Calgary in July (1,435 and 910 respectively).

http://www.cmhc-schl.gc.ca/odpub/esu...5_2012_M08.pdf

http://www.cbc.ca/news/canada/edmont...july-2012.html
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