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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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9 ^/ q& {) U5 }6 I4 F2 xEdmonton home builders working 'flat out' to meet demand
$ y3 O4 R5 K/ [7 a% nCBC 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: t; T* m4 L; @5 b* S
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Alberta economy is Canada's strongest, says new report; s7 {/ J& ?+ t1 A+ N
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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.. l7 z7 d; @1 L' D
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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.5 Z/ ]2 k/ t: o
8 E3 L1 X' e, n g0 P9 e x% r1 N) @The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.! V& ~6 p0 q! [. F6 j! O7 M
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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.. r6 n) s3 L: r3 A# c
' X2 F- s+ y2 f7 b# F6 s2 W0 L7 z“Wages are growing so more people are looking to move into a home.”4 g/ y5 C/ [! j# i
. x/ w) L) _1 ]3 [5 ]* vTrades 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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