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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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, I7 v* ~/ [; I" E' cEdmonton home builders working 'flat out' to meet demand
6 h: e- j# r4 z% \; `: C: K& qCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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; M- c; x" e1 N8 h# r" r5 zAverage house costs in Edmonton reach record high
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4 A+ Z4 e' d$ O5 b% a& n J7 [Alberta economy is Canada's strongest, says new report
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" ^8 w2 i5 i* aEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005. Y/ ?4 U' f( q5 v$ u
! f$ F/ v% L. `; H/ bBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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; \1 W' a& D" {“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes., f+ ]0 y" U% ?) A6 B
0 @2 ^, Z* ^' p, @' F" m) E6 tThe 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 M- K2 ~& B7 x+ V
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“Wages are growing so more people are looking to move into a home.”
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7 q5 t, z6 E z% L# ?+ l! YTrades 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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