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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss/ ~& n/ C) ]1 S1 R9 J5 H9 ^- x" Q# S
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# r" f6 |! D Y- B' H! `+ ]- hEdmonton home builders working 'flat out' to meet demand6 C3 H$ O5 R) R4 O6 P
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT& _5 s) q' h, c) L4 n5 P
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4 x" w; M( r/ O# Q# H# j$ p+ EAverage house costs in Edmonton reach record high3 p( A5 C) x* q4 c
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Alberta economy is Canada's strongest, says new report
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$ r2 \. @& z: p* X lEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.1 Z: f3 h% t5 |; H, \; D6 T, e
0 J* K, v, i/ [4 R; T/ m# TBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 B% m9 r1 h$ Y; l" C
! Q! S) p; J8 H4 n' ~# G“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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The 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.
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“Wages are growing so more people are looking to move into a home.”8 d9 O3 z. ?9 {8 w
: I2 _/ J2 ^* A# l1 M4 A( WTrades 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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