Edmonton housing starts up sharply in June
BY BILL MAH, EDMONTONJOURNAL.COM JULY 10, 2012 3:07 PM
Housing starts in the Edmonton census metropolitan area went up 46 per cent last month to 1,050 units, up from 719 starts in June 2011.
Photograph by: File photo , edmontonjournal.com
EDMONTON - Home starts in the Edmonton region soared in June as builders ramp up construction to meet anticipated consumer demand, said the Canada Mortgage and Housing Corp. Tuesday.
“Strong economic conditions, including higher levels of migration and employment, coupled with declining new home inventory, have prompted builders to increase production in 2012,” said Christina Butchart, senior market analyst for the federal housing agency.
Housing starts in the Edmonton census metropolitan area went up 46 per cent last month to 1,050 units, up from 719 starts in June 2011.
http://www.edmontonjournal.com/business/...g+starts+sharply+June/6912800/story.html
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