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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss: G- q. a, K0 F* l9 ^8 _$ c
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Edmonton home builders working 'flat out' to meet demand1 f1 _( W9 }' Q& s! P1 K3 `
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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; |, Y0 k6 c8 d$ H* [Average house costs in Edmonton reach record high6 i( E. D0 z' y" `
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Alberta economy is Canada's strongest, says new report1 ~0 ~) m# U' L! o0 d
8 S K: m3 p* O1 l2 S5 \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./ ~; ]+ q# P8 ^/ e. t4 b% S
5 f+ D. |7 q6 P+ e& ^; E“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.! C' X0 E$ ^4 X5 n- R* e
' H3 b8 [2 _. V# ~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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8 Z0 u5 f4 q, T3 g( @. d“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.2 k! s/ j" |1 I5 \
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“Wages are growing so more people are looking to move into a home.”
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. u1 a5 t/ \- G% I# D" a5 D$ rTrades 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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