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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss2 k3 ^0 B3 H! U+ r8 q
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Edmonton home builders working 'flat out' to meet demand
# H; a/ @" _' P/ x: w( W; w( N9 OCBC 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' ]& W& s' k9 o& q1 \
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Alberta economy is Canada's strongest, says new report2 E, m8 t' _& j0 h) c$ V/ C4 X3 w
+ t' j* l* H' b# c0 s4 g8 ]Edmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.1 H" f A0 Q% |, k1 R
. V0 s: p" P1 |6 ^" t% dBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.& l7 |1 g# H) W( ?8 Y% a2 Z" x B( x6 S
2 x% r* \ V' z- R“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.+ @4 ^- j- N* r8 `6 ~
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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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! X: |! w: C5 c0 c; |% pTrades 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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