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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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, ]* p2 y( l4 v1 R: [Edmonton home builders working 'flat out' to meet demand$ |' v; o/ O4 H( K4 W: _$ l) P
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT5 I; T+ Z5 e. t6 S& q @) `
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' X/ z6 c2 w; `8 ~Average house costs in Edmonton reach record high- R3 Y5 Z. H i6 G
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Alberta economy is Canada's strongest, says new report5 @+ i4 W& z9 G# m& a% T% A
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Edmonton 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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“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.8 C# ?( g. @' m+ o. M4 q5 B+ o
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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.
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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.8 a# j+ f# ^7 p
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“Wages are growing so more people are looking to move into a home.”! Y! n2 ~1 {4 D( F5 F
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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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