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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss3 t6 K2 I; V2 ] z) v9 T
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Edmonton home builders working 'flat out' to meet demand
8 t( F4 |4 ^4 M5 D* X6 a @CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT- k% p* h9 u' A9 m2 b9 m K [
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: y: N4 |" q) o! H9 q) bAverage house costs in Edmonton reach record high
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+ u) R, M# c6 e5 e! O" W K4 AAlberta 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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- M# q) h& x+ K, A; k6 ~; IBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 o: I+ z. R/ `$ j5 w% d2 J4 x2 l, N
% l6 G/ l0 K0 P, T) W. S/ F“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.2 j1 w. ]' m' R# w, }# @* L. a0 X+ }) G! ~; l
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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.3 c1 D6 Q* j( b q r
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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.! s [1 K" q8 x5 O1 a2 E+ B- `% }( a
p( ]3 _; y: f# H/ V“Wages are growing so more people are looking to move into a home.”
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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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