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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 demand7 ^! J: ?8 `! _1 m
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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% b5 E: X$ m: oAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report# ^: \4 T* G; ~7 C0 @- y
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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 2005.6 \4 @: ^+ |3 k$ k1 e& k
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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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“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.# F% r& K W: s8 R* z7 r3 B
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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.! G' ~( M# p! |7 l9 k0 ~3 k
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“Wages are growing so more people are looking to move into a home.”0 T/ b- b6 a3 R2 b8 `
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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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