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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss, W) w/ b& z+ r) S, @
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3 q: ]+ z" k* o8 w1 k7 LEdmonton home builders working 'flat out' to meet demand
X k- q+ ?( |4 }$ ]$ ICBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT& r" _7 C5 L5 M4 N3 X4 r8 `7 o
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3 G0 ^5 ^$ U- {6 F! R; LAverage house costs in Edmonton reach record high
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9 i: @( |- ~8 N# qAlberta economy is Canada's strongest, says new report- D3 w/ j, U/ s
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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." x. d |0 u9 q
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 U7 \: d8 M) Y) J- ^! E! V
0 R7 q, C$ d* q0 K# V“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.! y& K n0 Q1 A; j/ k5 k3 j c
# K# K g% k9 t, a3 k8 J3 [1 tThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: Z1 g; \' A f/ o% w2 a
; l. K8 X# H1 d5 Y“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.”' y7 A4 W0 y* U$ u+ u6 v/ B
2 ?; N+ l0 n- W& M9 xTrades 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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