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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
& L! w) g/ G! }CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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% R7 v4 C+ K, ]- q; d6 ]; V' R" j( CAverage house costs in Edmonton reach record high
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: I* b. }% R5 B4 h9 YAlberta economy is Canada's strongest, says new report
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( I# Q( I1 g. X' x6 BEdmonton 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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6 O! i5 O0 S' H8 m. oBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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# H, W5 G' C Q5 E9 ~3 O“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.
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2 I: y1 R- G- o! V5 E0 Q“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.8 K. P! A' M. x- F$ w6 u% c
! d# A5 e! y7 D6 ~“Wages are growing so more people are looking to move into a home.”; D3 K) O8 t0 L6 y+ o
3 R+ E. I/ I k5 g6 M' u. u& a; o6 sTrades 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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