Thursday, November 4, 2010

Edmonton New Construction Sept 2010

The number of single family homes under construction in Edmonton has leveled off after over a year of increasing steadily. In April 2009 there were only 1,764 homes were under construction, this increased to 4,116 this July and as of September was 4,078.

When factoring in all types of construction it is clear that single family homes have been more popular recently. The glut of completed and unabsorbed condos* remains high but is down somewhat year over year from 1,224 to 946. *Actually dark grey in the chart below is everything except single family homes, which are mostly condos


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