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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss' H$ C9 c+ @' l
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1 b" G8 w) v8 fEdmonton home builders working 'flat out' to meet demand0 n, c4 d: n. c0 e$ e5 ^
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT k1 M" P$ w) B' c+ {* u3 t( H
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Average house costs in Edmonton reach record high
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% b3 N& o2 z; B( T9 vAlberta economy is Canada's strongest, says new report4 o0 t+ b) @# b. ~* A
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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 i* d5 V5 Y9 A$ v
6 N& m p. m8 NBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.' F( L( t. L- @$ _+ ~( K( U5 ]
& v5 I5 E; D3 b2 h“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.
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: X4 S4 ]* n+ O/ N! ?“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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4 U; |: n, U; @: h/ iTrades 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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