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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 e; M! Q; A( S$ o5 H/ q
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/ m# I9 Z7 v, [* M8 \0 q$ ?* S; mEdmonton home builders working 'flat out' to meet demand& k8 B3 ^+ g9 ]4 @2 j3 l! p$ Z
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT8 ~0 p8 r: Y- r, I5 y( D
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Average house costs in Edmonton reach record high3 c$ \9 k2 c% r T
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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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“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.9 n1 |, g8 i1 _8 P8 Q
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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.6 R. K4 o: f j% U: Z
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“Wages are growing so more people are looking to move into a home.”8 g1 Z/ G. n% | z
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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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