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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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/ A" B! \ R/ G; C$ BEdmonton home builders working 'flat out' to meet demand
$ A* ` B. I fCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT% B5 ~9 O" l+ O; p/ p
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Average house costs in Edmonton reach record high
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Alberta 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 2005.1 M6 o5 p" e) E; t @
- l$ z2 o6 R5 }% TBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.& r" ]: \1 H9 w0 g& w+ w v
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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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) N7 \7 j7 {- [8 ]+ s" j m* R- jThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.+ y; t6 L8 @5 N4 O% P* T% D( G
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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.3 l- O h: f: f5 U
0 k8 O7 y. c5 G“Wages are growing so more people are looking to move into a home.”7 R+ W* N7 b2 n! ]: ^* o) ?. y# K' n/ g
) S. V$ U+ l$ p/ l/ K- w# LTrades 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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