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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 demand9 r5 j+ P/ n% }0 p0 N' y
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT* Z: A. O% O& _
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Average house costs in Edmonton reach record high
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7 ]" l& O* j2 K' Y4 Z/ Y% e3 ~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.% I7 l3 k; `8 A4 c9 }6 C
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.: X5 B9 Y$ M# Q/ f
: S: P( v0 ~0 B4 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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The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.! I! |, F% l- k6 d
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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.: }1 A' j% p! ^3 t8 G9 T+ [
, W* E2 z# j9 t" y/ P“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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