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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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% f1 W7 N! R% ]" QEdmonton home builders working 'flat out' to meet demand
+ v' c# O9 k1 P& u( SCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT" |# ]( z' B- x5 `3 `3 j
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Average house costs in Edmonton reach record high1 E9 o3 ]4 U Q" \, s+ ^# C1 J
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Alberta economy is Canada's strongest, says new report
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; ]! y4 X5 w: R) b7 A' HEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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1 H: C3 g- x& L. r: b“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.
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$ a9 F3 @- D! E6 HThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: V+ [8 o0 ~* [. d3 {- h( k0 M" u8 i! w
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“If you look at the number of people who are moving into Edmonton, it’s record high levels so that’s contributing to that expanding demand,” she said." k" T" N1 E+ w4 C/ h6 P
% E* p0 x( Y; ~) K. q“Wages are growing so more people are looking to move into a home.”
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Trades workers like electricians, plumbers and heating contractors have been challenging to find but Busby from Landmark Homes says the situation isn’t as bad as it was nine years ago。 |
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