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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss8 r% d, p6 X" i# R
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Edmonton home builders working 'flat out' to meet demand d( h3 Y! V" K+ O0 `& L6 J
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT# N3 Y( c$ X: ^5 I1 y) W, P3 D
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8 z$ N2 f9 M6 `' vAverage house costs in Edmonton reach record high; c) M& i9 W+ V1 Q
( c3 p3 p0 {7 O" CAlberta economy is Canada's strongest, says new report2 k+ Q$ h& Y8 x! ^. b: R- T& [
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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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" D1 t$ ]. U' [, M& ABuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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- t7 D( s5 S* N5 C% z“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.5 ] j6 c2 n$ Z/ T
( }2 G% `5 S% X- O' S: {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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0 F- L/ E0 Z3 o“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 T" B- z2 [/ d
: D0 d, |) a3 w- P* q$ y1 ` HTrades 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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