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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand' J* `, E0 {; l2 _
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT. q Y& `/ L5 X/ @2 h! _
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Average house costs in Edmonton reach record high
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Alberta 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.
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0 I; P9 u/ k3 _9 p* O( UBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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. F' {& Q/ j# q \“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.( ~* o: y/ f/ G+ f8 H' f Q F' w, Q
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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.0 R+ D% ]$ ~+ B% R, B
7 V9 X9 N9 t+ G$ k+ B“Wages are growing so more people are looking to move into a home.”
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$ e# V, v% F+ {0 QTrades 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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