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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 demand3 W1 B# e4 G; M4 h, ]* U2 v+ v* q
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT4 j, g7 W! T$ C, U+ @
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Average house costs in Edmonton reach record high" x* V1 L% Y& V6 j- s
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Alberta economy is Canada's strongest, says new report
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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.
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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.
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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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- Z6 G9 F) i3 i0 W" I# M; 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.1 H* l1 u7 j9 C: e" @5 V' `
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“Wages are growing so more people are looking to move into a home.”7 j% Y$ C: b9 g" ^, t& H
2 l2 R6 ]6 s5 R5 m0 ]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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