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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
( H: i+ ?9 Y, N) |8 @CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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- O: i( _- d# G$ B$ nAverage house costs in Edmonton reach record high
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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.
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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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1 [& e1 o9 u* i( u/ n! m0 u$ {, W& B“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.: c" `! v) \% Y P5 Q' U
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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.9 o2 i0 N3 k, ?8 _) ^
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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." E# b; \6 @( G" ]; d- T
5 @# }: O3 l4 a) s( O9 [“Wages are growing so more people are looking to move into a home.”+ e0 Q* F& b, C
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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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