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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# E5 E" N& b$ c
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT: N, U- J U; t1 F2 ~7 {6 n
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( k. D; g3 A* q$ D9 RAverage house costs in Edmonton reach record high7 A0 | X# @" i; S2 I( J
* D- A/ a6 V( g& [Alberta economy is Canada's strongest, says new report
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) X% a1 M6 k5 gEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.% I6 M1 P: P+ {+ v' x: a! |
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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, D' @1 e" R# R“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.7 v3 H8 Z! S$ g4 Z* l h w
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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.! S- x* N1 `7 @+ G/ A
' o* |/ z" Q0 k k“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./ C* l7 r* \' Q1 Q& t
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“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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