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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand5 C6 ~2 B: {! C% l) z4 m
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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Alberta economy is Canada's strongest, says new report
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. X7 N) F+ ~/ P, gEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005." V+ [7 m d; \, w/ L G" O, `
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.! ^4 |% M4 x: E: m6 M- |
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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.* `( w6 N6 U: Y1 P: w1 ]# q
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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.+ i% ]6 O) I0 F' H8 Q. ^+ y. [2 x) A
$ l' k: N2 ?) _, [# n- |“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.”
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5 A2 d% d( r4 c7 jTrades 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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