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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+ ?! R. N- f! e& Z' n8 ^
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT0 y6 v1 u- m1 a q8 }7 e0 H- H; g
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$ y+ q0 i# F: D U( BAverage house costs in Edmonton reach record high) b; } ?8 D4 F0 i
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Alberta economy is Canada's strongest, says new report7 D# J0 c, O: E7 p8 c) g' t& Z. P# y
9 `3 E- u Z/ v0 X& {' aEdmonton 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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- i4 O: u. R7 d$ [' V; PBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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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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0 h. J' w2 h* d2 P( KThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.1 f; l9 o. w$ u; K8 |
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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.
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“Wages are growing so more people are looking to move into a home.”# ~- s8 C$ s/ h- O" C. L
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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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