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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss. f/ k1 G6 Y" y' u# n' K2 s
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Edmonton home builders working 'flat out' to meet demand3 q, s8 g/ ]7 d: _9 s9 n
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT% n9 D/ ^+ Z, F- k# f: n' v5 P( |
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Average house costs in Edmonton reach record high" n: o5 F4 F, F
: n% E7 j. z1 G, B _* n- `+ kAlberta economy is Canada's strongest, says new report B5 S. h5 `6 d2 e+ J
4 w+ {2 J. u- k' f0 U, NEdmonton 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.( Q2 l4 s, R4 M2 G. ?+ W1 I
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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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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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7 i) e" f" s) G3 l! X$ }$ x9 ]" T“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.- S# M5 ^" @* [" p6 U
5 S/ P' C* y7 \+ R2 M0 J. \“Wages are growing so more people are looking to move into a home.”$ R' l* G' K9 E, e# v
6 Q: b P: z- _; D# N6 \+ \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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