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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss. m* u t4 A( d7 @$ }
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Edmonton home builders working 'flat out' to meet demand
% b' n, E7 L) _+ _" y1 k6 |+ FCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT9 M. H) G7 s& Z$ b/ F/ [% a& r7 \
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Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report
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* V3 n$ N2 e# y& f1 a* W3 c/ kEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.- V+ _$ k ^ e. i
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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# |% g# i4 A& B/ s“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.1 m# A8 u* ]0 M, ?& n
0 b; D) ]2 t6 t8 {The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation. X. a) n" ?) j* @) b A/ Q' Z/ b
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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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! ] m2 n: Z. O& C7 k“Wages are growing so more people are looking to move into a home.”- a" x) N$ A. p; y0 X& d2 V) F! j* ^
0 _" Z3 v+ P @1 _% BTrades 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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