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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
8 j2 y X% N7 }" E& TCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT# ~& a1 P7 G3 V) i
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0 C( K) \: L. |( XAverage house costs in Edmonton reach record high
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. d! K$ O. L0 V/ b: BAlberta economy is Canada's strongest, says new report
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8 F5 V: S! p+ b6 h8 e SEdmonton 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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$ \# K A# d$ ]2 f* R0 kBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.' x: I& E) a! G! H7 v
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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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“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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“Wages are growing so more people are looking to move into a home.”
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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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