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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss2 d1 k) ?% W# j# m2 A8 ?
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- N, \# [, V1 c( ?Edmonton home builders working 'flat out' to meet demand
0 C+ g8 ]1 K/ u; g+ R& b; t: MCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT* b/ C; L& S. z) U4 ]
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) V( _5 C* h" x: B* }) I. RAverage house costs in Edmonton reach record high2 G, \/ z+ a" R; g7 \) q
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Alberta economy is Canada's strongest, says new report1 h! {7 C( @) C, m
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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.: e& x$ X- G$ ^9 |3 o
" _. ~' V1 H2 N$ ?0 zBuilders 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.
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" E2 `. K7 X- e4 h: EThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.9 s2 j* u- h; s5 N, D) u: i0 o
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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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2 Z# A- U# X- C! {( [7 y8 D“Wages are growing so more people are looking to move into a home.”
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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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