New apartment starts carry Edmonton new homes market

New home starts in the Edmonton census metropolitan area (CMA) in July were two-thirds higher than in June, on the heels of a strong showing in the apartment sector.

New apartment starts carry Edmonton new homes market

“In Edmonton, even though starts trended higher in July 2020 compared to the previous month mainly due to increase in apartment units as the demand for apartment rental units increased, it was still 31 per cent lower compared to July 2019,” says Christian Arkilley, senior analyst, economics, wit…

Source

Recommended Posts