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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 ]( s D. O1 m- Y6 v! d/ T$ D- N
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9 o; H5 I0 `( B4 Q0 [Edmonton home builders working 'flat out' to meet demand
A& L, y l8 B% I7 t! N. T: w& zCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT( l+ Z$ \# p& [& A: P- E/ ~
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. m m; {3 Q8 c1 N5 hAverage house costs in Edmonton reach record high e" y& b. `9 R
) U' K# u3 a, ?* D) vAlberta economy is Canada's strongest, says new report
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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.
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.3 K/ g$ D: o5 b6 h: D
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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.+ X* Z6 z/ z3 ], S
, p, {+ x ` H# N7 u4 wThe 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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5 {3 ?" h+ ^ A! i1 o“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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1 U; T0 ^3 m7 C5 I( v4 H“Wages are growing so more people are looking to move into a home.”
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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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