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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
/ i; j2 a, |: a) J4 G$ P: `CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT( H8 ?5 \' @6 M7 N5 f- f0 N% T
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Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report6 m# v/ n/ C! p
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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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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.7 {, J; H" k4 D" b1 d. j$ C! E5 x
! F% j! x o. b% T“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.
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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.: K) i2 c; j$ V8 n- O d+ @
) Q9 D1 U {4 A: \“Wages are growing so more people are looking to move into a home.”* w6 J" d7 G0 f6 w; N/ {
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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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