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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
* y: g+ I; s# ]( `3 A: T. jCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT @! b6 H+ d; ~' O' [4 K* v3 U
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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
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6 ^& _6 X$ ?- e GEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005." g9 X' i5 r4 d3 v' A3 v
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.8 ]0 G% d1 O9 B, d+ Y% H- w* L( @
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“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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/ J; C7 @4 Z3 I) J6 r' R5 f“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.5 p$ K% d, h: I$ g' ^( I1 _
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“Wages are growing so more people are looking to move into a home.”% R8 S( [ O% G8 P
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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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