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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. L2 [; J' ?, O9 }! D6 t3 s
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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8 p+ A* T1 f: q4 _' W: jAverage house costs in Edmonton reach record high8 h8 H+ G( O' F. x6 }; S! X
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Alberta economy is Canada's strongest, says new report' J+ v k8 D) M7 L" A
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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.
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! @ T/ `& A2 `* Y- I* S/ @Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.+ |& N' O1 Z% A) ?" {" Q8 z
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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.4 t$ W5 d: E. b5 x* E6 z) Q
3 {/ W) Q$ U8 v: H( BThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation. J" W u: `7 i. X) T8 A! F
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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.
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“Wages are growing so more people are looking to move into a home.”1 t& D6 n, \; Y: r- i7 b5 Y
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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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