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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 demand* _0 j* l# o* |+ Q8 I
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT! a8 A7 o' |+ V& ~: A) _: h
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Average house costs in Edmonton reach record high- |5 [+ t! M" M: c& z0 D# G
! o z* m8 y W0 w3 _! M( j5 w hAlberta economy is Canada's strongest, says new report1 J% e4 j! h+ c
0 d6 f5 C" }9 w% k5 UEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.( E0 n a& N F
$ _& h: v$ ~: m" o+ {1 ]. n% vBuilders 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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2 Z" }# c J2 x; U5 N, _2 _( GThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: p. P& B* Z& O& J1 S; p
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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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: z5 {* C% C, ^6 ^3 b5 r“Wages are growing so more people are looking to move into a home.”# H5 ]. W; ^6 y, D: A$ C) i
/ U' F8 p/ j+ r/ T2 w7 cTrades 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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