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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
9 ~$ m, {1 O- q6 j9 QCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT/ J8 q$ I( Z4 n0 o0 d+ ]6 }
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Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report. i4 _, [& Z* S% Z7 r6 l3 {& @! B
8 y0 P# U" s$ b4 a" qEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.) G) m; \$ Z) O3 w+ l6 y# W0 H
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.2 e$ I" n) h! i0 c( l
^. j. j2 Z: T$ i* X% y2 |; L“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.
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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.; O' ~( E7 z7 d) q
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“Wages are growing so more people are looking to move into a home.”
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1 e* T5 _ z1 [; r1 e/ X B6 C5 LTrades 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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