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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss1 j0 I8 T' A& o$ o7 R
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Edmonton home builders working 'flat out' to meet demand8 W' k! ^. m" p \# z+ X2 C" B: j
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT, P4 G5 q& P. q' P
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% T. A# m5 A9 ~/ r* b. Y. PAverage house costs in Edmonton reach record high
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, @4 Z( H# J0 l2 B- rAlberta economy is Canada's strongest, says new report& e) s) V# V4 u( c& K5 p
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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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1 ~, z2 v6 t8 m4 a7 a- l“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.+ Q& F, P1 |3 ]4 H
( j3 m) p; f. b- B1 @8 C d. @( T0 D. pThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.* u" K! h7 v2 @
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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.. G/ S( C- V. c) ?2 y. d
/ u8 t2 R& P, m: b. _% F“Wages are growing so more people are looking to move into a home.”( f7 B" S; \1 Q# f
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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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