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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss2 u& g$ M1 L# z
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Edmonton home builders working 'flat out' to meet demand) O1 g, D4 s M8 i- U- O
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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+ r% u/ k9 I BAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report
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: _: ~7 n" M/ u8 i& W( B+ F3 m0 H9 dEdmonton 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.- U8 }, r3 |; N* b4 D% [6 w
, |4 P0 g$ Z. n9 V( P“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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: K# t' Q3 O% O W7 Y2 V8 qThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.9 v% i- S+ s4 V. ]8 ?
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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.* Y, P6 F) `+ O$ D
8 F6 {1 J- \' h4 L7 B4 Z+ J! P0 t“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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