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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss* G' K$ c) B! b8 e/ U }+ v; |: x
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- G" T* M3 m R4 y5 UEdmonton home builders working 'flat out' to meet demand$ F3 L. |- q% O9 F. M
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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$ [" A4 F' u2 H6 D5 U* wAverage house costs in Edmonton reach record high4 Q8 E0 k/ Z; Y
7 P( i" g3 @8 q2 C) DAlberta 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.
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]: a6 Y A) b" kBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.4 q2 z' Y; B+ \9 L
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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.7 x3 W: D2 G5 M& Q
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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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4 K9 Y( `3 J& k) a/ Y! l) e4 I, 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., I5 ]& {: z7 [6 n# a9 N0 j2 ~
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“Wages are growing so more people are looking to move into a home.”
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$ R" x4 {8 _# v& D8 y0 \$ 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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