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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
' s8 L" c# u1 q5 N5 KCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT+ ~6 |/ [6 v; `3 F+ O$ O
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1 q2 z* H7 Y9 _) WAverage house costs in Edmonton reach record high
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" M0 H- ] `5 E9 WAlberta economy is Canada's strongest, says new report; u6 v. e5 r5 N2 h# R- ~; {1 q
3 F% o0 x( o) o- B2 UEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.+ u, P% `. r8 u
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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.4 A/ M! O, r1 ^# D# k7 i
$ v% X4 z }5 XThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.% |6 s! Z% Y8 l+ V% y/ M+ E% s' I9 M
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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. Z( q* d8 l6 q
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“Wages are growing so more people are looking to move into a home.”
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- k! }4 w% t; \! x9 V( ]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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