Wednesday, October 10, 2007

New Construction Up 40% In Edmonton

This September multiple family housing starts increased by 150% over last September, raising the overall increase in new construction in the Greater Edmonton area by 40%. For the year overall starts are up by 5.7% while multiple units are up by a third. The majority of Septembers new multiples were condominium apartments located in Edmonton, Spruce Grove, Strathcona County and Beaumont.
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[Source: The Money Blogs]

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