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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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, ^# L! {. i! REdmonton home builders working 'flat out' to meet demand
( F+ A% r( g( w3 `* |* ZCBC 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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; ^0 t" O8 \" J) k% J, IAlberta economy is Canada's strongest, says new report
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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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" P7 [2 [/ a* ABuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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! n$ C L+ Y- X: |' v; D“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.
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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.0 s+ ?9 R; _0 O* J4 S ^9 j- J* K, m
: m b2 q' B: u" C2 G B) x. D$ F“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.0 P# E3 O- F! q3 S$ _, i
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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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