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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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P1 m+ i8 |; P+ ~, A% p% DEdmonton home builders working 'flat out' to meet demand
; c2 Q( V+ {. J3 L5 hCBC 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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( j$ k- N5 g3 F& }7 Z* Z ~Alberta economy is Canada's strongest, says new report
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- ?' p7 o( @% Z: E5 u9 ?/ gEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.5 i" f' r& a9 k4 _+ a, i& Z/ G
I1 |5 Z8 J* [! ]: r& FBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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2 h( X: T& m4 ^# W“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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5 L$ [/ Y/ X9 Y8 Y& T }( YThe 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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?2 I9 z/ y+ h) c' I2 `“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.: h9 F, Y( R9 }4 n% C/ G
. K$ t7 E5 z- r4 |3 l0 F( k# V“Wages are growing so more people are looking to move into a home.”: s+ o- \& |4 V) e: l
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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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