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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss; m, I5 O! z7 h/ P$ l
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, p. ]7 ^: w, V' v; P! Q, oEdmonton home builders working 'flat out' to meet demand8 L+ n. t6 h" T- n! U
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 high
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: Y/ y' Z U6 K7 T; J; [7 IAlberta economy is Canada's strongest, says new report
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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.) ?. `# @( Y' o/ G& ~& M
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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.9 a1 t1 r5 g7 e8 T+ Y! e8 N
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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., ?1 t8 K" i0 q: I0 O- c
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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.
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“Wages are growing so more people are looking to move into a home.”
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, {5 m$ V& T) b/ dTrades 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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