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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand2 ?: K7 k o t5 `/ G- z
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT/ U3 s0 w5 x* @( T7 B. H2 G
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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.
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; Q) j% F4 }# B7 ABuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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: L5 ]. H/ [& }. X5 ^% W* _3 W: o“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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. @7 [" t; k9 @" JThe 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.
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. u% \( A" E/ } \$ O3 e- O“Wages are growing so more people are looking to move into a home.”8 I0 a9 Z, A9 V7 _0 A
+ F1 }' q. f" W: 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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