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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss: U3 W; ~( o; J( @2 w
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1 h( P& L6 P* r0 {. V; L5 @Edmonton home builders working 'flat out' to meet demand
2 C d7 s1 _! H c4 |% \' T$ YCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high
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1 q* A/ Q Z5 E- SAlberta economy is Canada's strongest, says new report
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' `4 {) K8 Q4 a( nEdmonton 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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& |7 p) Z" @4 a' \' ~+ C! r“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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, u9 m3 l* {! OThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.) D/ A. V+ E) N
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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.! o3 D8 t) r5 o4 y; A/ ]
" j& p% G: p! ?7 V/ Q6 l; H“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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