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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss7 j1 L* U: v5 r D, Q \
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Edmonton home builders working 'flat out' to meet demand
, b) h1 p% M( }, J% q6 O8 Q; rCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT/ @3 E4 w! q. o4 M7 i2 h% L& V
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9 Z$ f8 t9 U: P3 k. Z) ~Average house costs in Edmonton reach record high; C) M9 l$ o" r' S( J5 c$ T; T
* ^" a1 C! w9 mAlberta economy is Canada's strongest, says new report' C! S, k! b6 z+ p
+ \+ \0 T) S1 C0 R' Y4 x% VEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.7 q' h1 s! U$ {) D! A M# S' Q
1 \" N3 J3 C+ X5 u. J/ H$ jBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.% s. W2 Q: _" |; j
4 X9 G. i/ \6 h! W“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.' Y/ d" t! o0 G8 N$ P ?1 E
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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.( ~ w& T1 E7 L1 S3 k Z! o
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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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