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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss. X2 n2 I l& b' ?/ T+ j+ ?
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Edmonton home builders working 'flat out' to meet demand
2 B N U+ Z0 FCBC 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 y: p: I+ w0 W/ ~
" o9 x& o' u" d9 wAlberta 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., ?/ _5 ]+ I, M5 V) P. x
6 E; I4 z' r1 b* Y2 DBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013. i1 d4 @) n3 I+ }% |4 s5 t& Y% o/ e) @
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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.. `" t9 ~. p- J6 X/ Q. {
/ j5 I4 D( G0 G9 L% |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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' c! C) u r H: p“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.' S6 ?7 P' l4 V: ~' w2 ^) O
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“Wages are growing so more people are looking to move into a home.”
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1 `" I6 `3 O# s- @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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