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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
! i3 A/ ^7 H# I7 V# N' P8 A% SCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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- G% ~) S' H& x; X9 h9 uAverage house costs in Edmonton reach record high
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) |7 p* a: D' V* j% Y7 |. rAlberta economy is Canada's strongest, says new report4 u8 Y4 x0 c5 ^* K
2 l0 Z4 B) @& n, I& JEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.8 `$ V( P. g8 |8 V# a
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.& r2 [: @: ^0 G: @
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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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The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.% ~" S2 f( Y1 ^ @: x- ]: G) y
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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." Z/ ]8 R8 d8 F. l, g
6 c' o8 W+ ?* c; ]) @“Wages are growing so more people are looking to move into a home.”0 \5 v: G) o; \5 W" E8 f) R# G
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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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