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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss+ \: |5 W( N$ |# {, {" v9 U! ?2 i
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Edmonton home builders working 'flat out' to meet demand4 I, h7 t% x9 @. d: V, d
CBC 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# K" ~) O f( v6 [
; D* w9 v5 a# _7 X( W' gAlberta economy is Canada's strongest, says new report- t$ r( ]8 N$ Q; 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., ^& Y/ r9 _" x6 i0 M
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.% ]" O7 a: e/ V% Y# s* q
8 `3 }* E( \+ h“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.; }* m/ [# ?1 e( o
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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./ L. ]; T! b% {2 L8 V2 ^! F: H8 ]4 Q
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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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! d t4 P# d# V“Wages are growing so more people are looking to move into a home.”
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, T- [7 F, y& O: t+ l; _$ ?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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