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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand* ]+ `. q) ^3 V3 ^1 p
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high3 l" J1 f. A6 F
5 V% w* {; C% j. n1 u2 QAlberta economy is Canada's strongest, says new report
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( M- q1 @( Z5 t: s' H nEdmonton 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.) u3 D m5 b1 n A0 W
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“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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The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.8 _( A, [- G% ^, R
6 F8 B, f" G% A( g: A- y4 d3 ]- ^“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.
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1 {- W$ M) X7 O# g. C“Wages are growing so more people are looking to move into a home.”
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5 r1 s$ v R+ H3 NTrades 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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