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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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8 k6 Y4 S( Q4 ]2 a4 x& C+ `Edmonton home builders working 'flat out' to meet demand
! Z9 T3 X9 i( h4 ~) Q2 K5 R5 ^CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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! ^3 J h5 Y2 a6 a0 u( s7 AAverage house costs in Edmonton reach record high- F. s* A d; a! h
3 J( C! E0 t) YAlberta economy is Canada's strongest, says new report# b2 K6 E' o3 M% x& z$ Z% \1 s
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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.+ P+ `3 u K! i4 E1 y
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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, g0 y+ c `( g# N“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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. h0 `6 O% } C4 A; |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.
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6 h# r, \( J4 K& x4 K“Wages are growing so more people are looking to move into a home.”9 U# b. a3 t4 O7 F$ y) X8 w
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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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