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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss; D$ D" |5 f9 j& `+ ?: [
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3 \ G! k( X, e' ? x% G6 s5 j/ Y1 bEdmonton home builders working 'flat out' to meet demand
+ a1 I% L' S( P" iCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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- U: o. E& F* ]4 ?) d1 h" i! xAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report( w; L, A0 G% v! V( ^! `
: E" q& |7 _# z E- v% xEdmonton 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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6 _4 t; ]5 @2 F! d1 X6 ABuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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9 z; r3 L$ f7 j. h, I“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes., O+ o2 U6 x3 `# V* Z$ ~
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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.- ^. a. x! ?3 r8 A v! n
+ L1 U" ]4 {8 p' o1 |: e0 @% h“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.! T Q% p; P6 d# R4 x9 f
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“Wages are growing so more people are looking to move into a home.”5 n! c/ {/ l ~4 o6 B% f3 H7 G
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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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