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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss0 `) d. |4 e; b
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Edmonton home builders working 'flat out' to meet demand3 N0 A. X. a J5 {+ N' B% J0 n
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high3 K/ t" E# M( w6 F+ r1 F/ e) o
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Alberta economy is Canada's strongest, says new report) R0 K3 K, m7 F- z W* O
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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.' ?$ S7 {1 r) N! h; M+ r- _
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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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5 [, Z7 n- Q+ v5 aThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.6 z: @1 f9 C4 v7 q2 } y
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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.
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6 U* A- g; [4 v) x0 S- b“Wages are growing so more people are looking to move into a home.”) |% C: E9 d: ?4 N5 e5 [2 D0 r6 b
+ ^; y8 z Z, _) [8 z$ XTrades 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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