Friday, January 14, 2011

Edmonton New Construction Update

The number of single family homes under construction in Edmonton is declining slowly as starts have decreased. As of the most recently available monthly stats starts have fallen 30% YOY while completions increased by 90%.

When considering all types of residential structures under construction things have been holding steady now for over a year. It is interesting how activity has shifted towards SFH as the condo glut lasted longer after the boom.


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