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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss8 Q2 ]' |* C* \$ l
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+ y( s3 m4 p8 N) b, BEdmonton home builders working 'flat out' to meet demand
- R" @4 `& Y2 YCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high) S l" x W9 l+ P/ l
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Alberta economy is Canada's strongest, says new report0 y# H4 _. ]7 S; l0 w
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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.; w4 w" D' J% K- K5 m
8 @7 q1 c9 n u5 s( M; aBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.( V7 ]$ }, @* [; ~
5 w8 m1 k3 C' ~# l“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.8 P& Y1 t# v: k0 p1 Z. ^ W
# K' v7 J9 f+ @( V! [The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.. n7 B% q' p5 T5 t/ [, H8 R2 S0 c8 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.; r$ Y8 P/ e& o* B$ b1 C
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“Wages are growing so more people are looking to move into a home.”
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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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