Housing market on the upswing

Canada Mortgage and Housing Corporation’s fall 2012 Edmonton housing market outlook shows growth is steady for the area.

Total housing starts in the Edmonton-area census are forecasted to increase to 12,000 units by the end of 2012. They will then start moderating to 10,8000 units in 2013.

According to David Lan, senior market analyst with the CMHC, it is a sign that things are going well.

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