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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss/ ]' M# o. b0 p% a5 h) N& z% n
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3 O8 y6 l5 A4 y, iEdmonton home builders working 'flat out' to meet demand5 _/ @3 ]- T& Q, _
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
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% s0 |0 D7 k" v0 mAlberta 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 2005.7 L+ K- `) F9 K! R9 e
/ l' |# q. E$ l% h6 S9 W" ?Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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! U3 J8 |6 M7 Z! d U1 E7 ]9 M“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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7 y: h. S0 G& W. @$ rThe 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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7 F a3 A, r& w2 ?“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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“Wages are growing so more people are looking to move into a home.”' z R5 W" m ~3 R' D( U' |
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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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