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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand
! h7 a2 g3 z1 M& Y, n6 d4 i" @, TCBC 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 high3 X9 o) e& V& m3 O
) u6 F6 L/ ?6 DAlberta economy is Canada's strongest, says new report& z! x6 [; M/ l% L
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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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3 w' d$ v M2 p! {9 p+ s' yBuilders 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.6 @# d: b W ?
8 ]: e" Q( q+ o+ U- B( dThe 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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“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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1 W' P2 D$ U7 ^: W$ w“Wages are growing so more people are looking to move into a home.”* m. W, c" r ?5 U5 {( M, O& K
* p O L# c I& \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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