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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss8 f& [. S% R4 ~- T! q
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& w: _- b1 f" X8 KEdmonton home builders working 'flat out' to meet demand
4 P- E8 F* i7 p( t+ m, cCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT6 c" {# M" W3 S ?; ~
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& z" P3 ]! O7 K3 j' W& WAverage house costs in Edmonton reach record high$ g0 u) _8 g% ]7 V" J+ ^; y
1 C V% D7 Y Y/ v- c# _1 d0 |1 XAlberta 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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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.* R4 ?8 {# z2 u& o1 R5 `0 n" p% W* [
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“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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; P) R/ J; D5 d Z8 n1 }“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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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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