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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
( l7 G a. Z5 m# c& g }' mCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT$ w6 l9 f9 z+ X/ H7 a6 M
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Average house costs in Edmonton reach record high) R$ o/ N& }4 n* L
; D5 ~2 m; H- X# [4 ?Alberta economy is Canada's strongest, says new report6 T' l8 C2 Y: J9 G2 w( Z9 y5 i
+ s# u; j) n+ J; e" G1 m( rEdmonton 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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$ E0 a( e8 `7 c1 F+ S; ^Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.2 v# R' i# Z! p: U
; K: z8 V9 Q! h$ g3 {$ z“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.) o. S. o- g, Z A' y6 H* E
$ K( K+ _5 N7 `8 K: @. @The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.0 N2 |+ U7 M0 J5 M
7 Y* `$ [( [9 b7 r# E$ N3 O“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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9 L9 O. `( o& k* ? y0 O“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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