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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss( [& O5 X. |' [5 T4 H
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" |& @7 Q, ~6 l: u. OEdmonton home builders working 'flat out' to meet demand" _ y" ^6 Y* y# V- s. o9 p
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT6 s9 A% }- I T, x$ n) c5 @8 a
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b& B: t* I5 Y& l U. @Average house costs in Edmonton reach record high: j. ^" E) t8 z
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Alberta economy is Canada's strongest, says new report4 P4 ?, i7 w9 S; _5 Q3 h
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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.% ? A: I; A* f/ H, s
0 G# L3 I0 F8 }# ZBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 t9 d+ e1 @ y$ D: Y
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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.4 J8 q+ q A% i
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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.
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“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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