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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 S* k+ v2 ^6 J# \. J
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- ~% M& o0 e) U9 `8 ^$ C2 S- ]* wEdmonton home builders working 'flat out' to meet demand) p! M% J; W! j/ U$ C) y1 v
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT; o& o _0 u% {* {! N2 S3 w
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q9 e. W' o2 U2 ?) f: CAverage house costs in Edmonton reach record high; n' V/ d1 ]9 Z: e
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Alberta economy is Canada's strongest, says new report
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4 M$ y7 f6 B$ W- E6 QEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.. Q. V9 M1 K _5 W6 U
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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 F+ J$ p8 `' [4 @$ Z. \; X4 i“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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3 M* E9 ]8 _5 \/ `* e2 P) }; \The 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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; G$ m J8 \, X8 o/ n% I5 o" P“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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' o+ h& ^3 _7 Y( Q" c' u$ u; d“Wages are growing so more people are looking to move into a home.”0 x% H0 c8 L& b1 Y0 ^, {( @, q( k
p( F. }$ r! @# ~6 WTrades 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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