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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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@$ V' S$ C6 DEdmonton home builders working 'flat out' to meet demand4 M7 m) h) X$ i2 x' a( {
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT$ y* p, O+ E: g1 f$ Q
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& d/ U- I% ]7 h! x( m N, }Average house costs in Edmonton reach record high
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" A; F9 e4 B9 N; NAlberta economy is Canada's strongest, says new report9 [4 z% u6 ~* r: d
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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.& g- G) J: f9 H) T v
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 o: b9 \; K; e5 A; A
" P( }5 F0 r7 T3 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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% x9 T4 T+ i/ t4 p2 IThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.; ?, g8 Q* D' a. j M/ x' u
3 m2 a; q+ ]" }+ [; V, Q“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.% T6 I" X+ J& Q C! a. J, g0 O$ A
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“Wages are growing so more people are looking to move into a home.”, q4 k3 H4 x/ u4 Q/ y* s
6 c( y7 Y) Z: t5 B1 {. N: CTrades 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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