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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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8 U3 S; ~/ J5 G9 V! t0 D+ tEdmonton home builders working 'flat out' to meet demand; Q+ |: w( z8 R# U2 |) P. m2 P6 ~2 t
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT) e4 s6 v b9 W7 J9 o' @) M) Z
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: E2 f' f7 D# q7 F" I' C: ZAverage house costs in Edmonton reach record high; U5 l" D0 e7 O, h5 i) ]
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Alberta economy is Canada's strongest, says new report- E5 a& _ p( G- E2 f
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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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! m, x: S- E/ x6 M, n4 EBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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% x9 [7 X5 h7 f& j* P# y9 e“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., ^# E7 c3 ~4 m+ A' H
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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.* k1 q7 s8 F5 g" V+ V0 q/ h
- [* \" V7 q; M“Wages are growing so more people are looking to move into a home.”9 l, r7 C- Y. Q7 {, g9 w% _
, H; K- P5 T u1 b6 ITrades 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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