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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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; ^$ S! q8 [3 zEdmonton home builders working 'flat out' to meet demand5 R) O- W4 Y6 F8 ]; ?
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 high+ a; Y7 ^5 F! H7 \
# j# m/ [1 }9 g C' l& ]3 sAlberta 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." D- h% k9 z" m2 g0 [
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.# q& v# e9 M2 C' Z7 L) b; b
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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.+ d6 m; _! O- O' u# D+ u; S- F$ l( s" [
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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 E+ Z9 |6 U) P0 J4 T
/ ~5 j: W6 T% |7 K“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.”' T2 t; ?. e8 t# t' l
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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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