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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 [. D1 B! q' V0 V
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Edmonton home builders working 'flat out' to meet demand
0 s1 a* Q9 o o i/ x4 uCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high
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& t' N/ l3 ?, [Alberta economy is Canada's strongest, says new report
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) D0 M: n$ K# {# ]& B+ {, bEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.' C/ K) J3 x R
$ p' M& U! Y- [4 F% w% @Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.% t7 }- V8 A8 q$ O( X6 {
! z+ b0 o& N. w4 a“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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* g- m2 r- \# `1 u' O& P3 s“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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“Wages are growing so more people are looking to move into a home.”) t; i4 ]7 E9 V/ a# L) s5 x
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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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