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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& D# t X5 ?9 b" }# N; a# ?
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: I' w4 t1 U* ^
3 n: I, L3 X5 z; j" _& @+ uAlberta economy is Canada's strongest, says new report A; H: e# t. f! D( J$ L$ c
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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.; Q1 k0 t2 q/ \" ~( C8 T
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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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( g! ?4 E* \, T9 c2 e5 M“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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: e) N$ A3 U, `7 F4 LThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.7 C" u3 a' {7 n& L( S: T, d
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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.; i7 ^& k% {6 }' S* a
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“Wages are growing so more people are looking to move into a home.”
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0 @1 o4 K4 V! J' wTrades 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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