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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% K. s9 k* i/ t# T
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT0 \& ]1 v2 u1 k- Z# D' v
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Average house costs in Edmonton reach record high9 }1 t1 z8 q. \7 x
; X) z; k$ T# j1 U2 x* ^* V' PAlberta economy is Canada's strongest, says new report
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8 }# L3 e+ h2 N; p1 a) ]/ U" q; nEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005. L, `" a! x3 L+ z4 _
7 t% ? W/ x0 Q2 o3 s. F/ M9 `Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.3 t! N# M8 N+ E: S. e
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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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9 `, q( O8 A" n/ R0 e. iThe 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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. E/ W3 Q: ^+ z' @; P“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.% d( j3 O( {8 Z3 u% `( A* G5 M# ]
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“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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