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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 V3 L/ @0 d- U: J
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! e2 _8 V% s. S0 |& {6 F: VEdmonton home builders working 'flat out' to meet demand1 D$ I; x1 S$ @7 A
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT2 }0 b! ~/ z8 _6 t( |
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Average house costs in Edmonton reach record high
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0 w. E9 R( y( j( g0 R/ W0 ZAlberta economy is Canada's strongest, says new report+ H9 h/ z Y1 j
3 c- }: R' x. X5 \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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7 p) x% {" L& i7 qBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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/ K# a/ c( h- p" d$ s; W, B“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.: }* U& q* l5 x7 K0 {: P& N
: t) D# k7 ?2 w9 _4 f1 EThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.# X5 @/ s7 ~ C/ ?0 L! x% w
- D0 m% e) i+ f3 k: v/ _ ^3 e“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.7 ^: `5 k! Q; y* ]3 r& ~4 t
+ W. K. d3 U; ]! p; V% y“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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