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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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, Q% h0 K+ P. p/ R& \" fEdmonton home builders working 'flat out' to meet demand
2 ^# k' f) h; ]% nCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT0 p. s% E" k6 N8 a# j" w
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Average house costs in Edmonton reach record high" y d Z+ k5 P# P! C
6 N( c# \; a8 z+ `; X- D) q2 qAlberta economy is Canada's strongest, says new report
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. a2 {7 e$ @) j% [( j9 AEdmonton 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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/ X- V: D h) N. \+ q- XBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013., V7 I5 {7 H/ u9 U3 b- s
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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.
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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.& ~$ k F- H( }$ o
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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.6 ?) t# M7 Z6 `# c! e( v b
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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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