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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss- I& n2 b: ?5 U
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' g* n% w; c2 C' S% iEdmonton home builders working 'flat out' to meet demand
2 L3 ~- k" j/ \) p) P$ t3 z, t5 kCBC 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 high6 \& y6 ]3 a* _, ^1 T# I
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Alberta economy is Canada's strongest, says new report$ }3 q# B" j1 Q
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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.& S' ]* W! w" E/ h9 U7 U2 O
" P @5 S5 K6 C. b F* EBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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1 }* l1 o* r; e% `5 ^6 D7 z+ K$ P“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.3 z$ ?: S( { l( ]% q3 o
8 f( b3 d9 Y7 n+ D( `& a) F“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.2 A* T1 D) n! M% n" W0 l* z
+ l' Y2 }1 Z1 j6 _“Wages are growing so more people are looking to move into a home.”0 l+ ~, k/ A( O; ~8 R: L
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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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