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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss& x5 D. t7 R8 u8 t7 v( j7 I
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Edmonton home builders working 'flat out' to meet demand
& S- f2 h- I {* E- _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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9 J3 A$ D2 a- j! H& g+ OAlberta economy is Canada's strongest, says new report
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$ u5 f) b3 W3 b; q% J6 cEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.5 L8 h/ Z1 P* H2 y$ v# h" q1 L
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.# I* c$ [" W- B1 Z& @+ [1 A
, m) g( l0 u+ }1 a1 d3 l! S& o“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.! W& }1 m3 ^6 p! j+ n( `% e- K
9 p. V; T- X5 |9 \7 @( N* kThe 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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1 C6 C# D, 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.* J% M0 C$ G8 l; ?
0 z( `3 r, |. u9 S$ |# {( Q“Wages are growing so more people are looking to move into a home.”
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$ u7 ?! [* i9 ?( _5 J& r5 E DTrades 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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