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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 demand5 X1 K+ G" S- p' z& ?2 Y# N+ `/ A
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT7 Z& O* H7 T2 q$ ~' ~
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! K( \6 |3 O! m4 e+ q; rAverage house costs in Edmonton reach record high
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3 z( L7 A9 p8 d: G wAlberta economy is Canada's strongest, says new report
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$ D$ w. h" f2 G: S$ S! DEdmonton 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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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.( e0 x( ^0 e* p ~
1 g# N: d) D6 A; N“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.( I' a8 c5 [6 S; R; r
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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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“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.2 F5 p- c; v" \' @/ L7 K! \ _
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“Wages are growing so more people are looking to move into a home.”6 m! {' h) K& T. F& N2 m
' ~- x6 _8 [0 R2 R# f; iTrades 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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