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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 demand k" y# |7 q( {8 g6 y3 j2 ~
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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& s: Z# D8 K: t1 Y2 mAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report+ c( C: g, z! }
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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.' b. w6 P8 @/ t9 b
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 `/ k4 Q0 }; E/ v% e
9 I7 D! p* W% ?$ N* U“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.! {( j: {7 X7 B# z. K2 q
6 s( h d- Z6 ~/ w9 L* m) 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.5 ^7 F; H' _6 H" Z9 |
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“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.4 a+ D1 l6 |, _8 q' e4 w1 B
6 `! L! V& t, h$ J“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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