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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss7 h. J/ f5 {# j. r3 k/ M1 \
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' Q0 I& p7 }6 h" I7 S; q4 BEdmonton home builders working 'flat out' to meet demand1 _0 X( f' G0 T5 O: y
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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' h$ ]9 M2 V4 g/ H* L4 U+ d, LAverage house costs in Edmonton reach record high
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; a* Z# D Z+ n1 HAlberta economy is Canada's strongest, says new report
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* p! }! @0 b# G' } q0 T- qEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.- N3 b3 T+ M* r5 j' u* L
" `: z; Y( r, D! U/ z8 XBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.) ~. ?/ Y3 y: H5 ^8 Z2 p( k
* O% H9 E3 h) P9 _; o“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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: y( V+ U/ H! e C. \# ]The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.2 c+ H# K$ } d, m6 C$ d: ^9 K
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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.”/ u6 m3 w# V: ^4 b$ t6 H
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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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