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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
. ^! O7 q; n! ~- Z( ~$ }$ w6 yCBC 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 high
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Alberta economy is Canada's strongest, says new report
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% r* r2 m o" M( y u$ _Edmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.8 q- w. j: i9 K( W+ M" W' _
2 x0 x8 a* h) d" P7 kBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.6 e- d1 o" w; ~% A( W4 }' w3 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.
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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.* K% s Z( y7 t( U6 S* _
9 s# ^2 f$ G4 I$ u5 g& R“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.) ]. ]8 `8 R, a. I& {! D a
: i7 }1 u1 R- ^! Z: G; O* k, t5 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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