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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss. {5 N1 r0 I; u1 j
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7 W& q: c, z8 oEdmonton home builders working 'flat out' to meet demand
/ e, [3 R& l6 N6 t3 X8 P6 x- p* NCBC 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
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Alberta economy is Canada's strongest, says new report8 p& ^' U- e' h' i, `7 p- O [
, [9 ~6 z ^ c, Z1 Y/ v+ eEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.7 ]% Q2 L7 g3 T+ Z$ t& }3 Q
4 h$ H4 L% P* {: n7 ]- ` ZBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.; |! H5 r5 y7 w4 R; {* f- g
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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.0 ?* o y4 R1 Q7 V# } {
; r) a0 h5 y% P+ ~8 F3 v+ `2 uThe 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.; X* A" E+ @2 `% |6 i& z8 _5 [
0 K& ]: j" q/ F0 G6 y1 q+ \6 C2 ~% Q“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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