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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 demand
. Y3 F( ?* C) S- A( ?; n5 [! u+ PCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT- L! X# S; P3 o: W
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0 A. {! R k4 U0 j9 eAverage house costs in Edmonton reach record high. }5 R0 S u# I) a1 J: [
3 P) V( @0 R: \. l+ ]Alberta economy is Canada's strongest, says new report) c! U. n) z. i0 o. j5 R7 @
0 f! i& {" q7 X1 |* qEdmonton 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.: o3 \ z; R* m, R" ?2 z
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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.5 L' H; q! ?6 a0 K% a
+ x6 Z+ l. a8 w6 U aThe 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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3 x, ^0 _1 T9 H# b" j“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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