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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
# I& e6 x8 |( ?; J7 z. xCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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2 W6 F: w" q/ CAverage house costs in Edmonton reach record high. T) z: y2 Y) t$ ]3 }0 x
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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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x: [% W! X2 m; \# f“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 m; x; J7 p- C2 a5 l$ k# t" l$ GThe 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. a1 K3 N4 q- v9 i F$ I+ a" M
, r$ I3 L6 B0 k5 u" ]( b“Wages are growing so more people are looking to move into a home.”
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) i3 O( z8 ~' V3 u8 d4 ^' I6 ?$ m" ?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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