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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss/ k0 `0 U1 e* b6 P& d/ A
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Edmonton home builders working 'flat out' to meet demand' P& A6 }! U3 _4 I: A0 c
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT$ d" M8 x! n- J* |) O
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$ b1 Z1 ]8 F% H( X7 PAverage house costs in Edmonton reach record high
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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 2013.5 G! B) N( x# Z s7 M
7 d5 E- K7 }* p X' f“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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' o+ X3 h7 _6 ^2 ~- ~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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/ C0 Z5 m; f- d, h0 X; J) ?- |“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.”5 m2 V& Q7 J$ ]& W( c5 l" s
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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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