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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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# l6 D: b* |: A* c$ y/ o: c1 ]Edmonton home builders working 'flat out' to meet demand& k7 ]( Q$ P! Z5 [, F
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT- q& u* Q5 H' s( w/ A5 ]8 h
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, e& V- }, M5 W; e' A; nAverage 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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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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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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% r' g! E$ ]1 L; jThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.$ ?( t+ L$ q! h5 k
/ x5 Q3 ?* X; V J0 q“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.”, B) l: S3 h$ ] g. [. M) [, a8 Y
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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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