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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss1 R! X, y3 J) e2 z9 C3 e
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Edmonton home builders working 'flat out' to meet demand8 z. a8 X- y M
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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7 A4 m' Q: v l- E) BAverage house costs in Edmonton reach record high
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+ P! N- w, {& [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., s6 |9 P* G" u" m: b" [
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.+ P; R& B0 B5 r e. E
7 W% I7 M w* \# P; q“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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: q% F, H- @7 TThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.9 E) T% r2 W7 a* M! a
: t J" W9 c, E- V% S% i/ m“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.. k6 _& I; ` U7 n+ g3 T! I
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“Wages are growing so more people are looking to move into a home.”. C9 }; q: b$ _2 c4 m! m
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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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