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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& d! D0 V8 D1 L4 |7 a. o1 |$ X, l
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT! f% U* I$ P: n' Y$ [
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Average house costs in Edmonton reach record high9 K0 W8 Z* a. y0 @* [
, p$ q! J) v& O* [) u% PAlberta economy is Canada's strongest, says new report: p% @4 u2 M F9 V9 n0 O# G4 @+ s
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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 2005.4 {! w& h H$ T: I5 x; E7 L
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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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+ A9 k' _$ ]1 I' E8 k, t* ~9 D“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.: X0 h6 V6 T" I+ a$ Z8 c
) [9 `$ ^$ q+ K6 I5 \2 D) X# hThe 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.5 r) Q( x2 T0 T% n& k0 d
3 s! D( O5 B$ H4 j0 B1 q+ t“Wages are growing so more people are looking to move into a home.”
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: k& c* y1 N9 h+ m* zTrades 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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