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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
9 b$ {! h' z, _7 QCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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! L/ _4 U3 v# @Average house costs in Edmonton reach record high3 ?% j1 p$ s7 ~3 S" ?0 E- i0 f
- _/ _( `5 t$ K+ [" \; j, C- D# _7 JAlberta economy is Canada's strongest, says new report$ _1 l( W% k o E9 y
' M9 _- S3 Z, S* VEdmonton 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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1 `2 C8 V, _2 } [* Q; |) A7 n, PBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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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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]* ` G2 S# QThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: m7 V$ P9 d, u+ j
& y; M0 W5 |2 I; F7 `( Q: e“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.”) b! X% L7 E+ Y2 w1 f9 A
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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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