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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss! ?; t8 y8 M9 _3 p$ ^0 [
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Edmonton home builders working 'flat out' to meet demand
* D \- ~ b" R b7 O& c9 e/ rCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT7 i4 Z+ U4 y* T ]# B H3 l
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6 ~+ v8 |/ r+ K0 f4 H( K9 N. XAverage house costs in Edmonton reach record high5 t/ ?: o3 Q, g3 V/ K
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Alberta 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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Builders 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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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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0 x7 U/ x+ m" y& T“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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+ C w" r: F) @ q4 X“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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