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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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( _9 A1 C/ ^" {5 m/ q) w" |Edmonton home builders working 'flat out' to meet demand
7 ~* y& ]$ ^. }9 F$ `CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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6 K2 s9 X/ U. e" r' `4 OAverage house costs in Edmonton reach record high+ u2 X5 v+ v) L: r
8 ^' l3 R, r" PAlberta 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., P! @& l: M/ F' U& Z8 P
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.. w1 M7 L2 G3 H3 w& P0 S
: v2 t" v% Q( p( s“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.0 n$ {+ \: o O- H& V
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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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5 `. p% }& H( |“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.# F8 I2 n; x+ F5 {- b+ }! o, ~
( r- |- j" t: u0 E5 G: I1 P“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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