Monday, June 6, 2011

Edmonton New Construction Stats May 2011

There were 2,974 single family homes under construction in Edmonton during April. This is less than half of the amount of construction during the peak (6,528) but up from the low reached during the recession (1,764).

Looking at all types of dwelling under construction shows less of a rebound because the condo glut took longer to work off and new starts having been slower to recover. In fact there remains a surplus of completed and not absorbed units when considering all types of construction other than single family (shown in dark gray).


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