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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss! m! h. a6 L) p8 s! v9 d$ \ D
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5 t" \/ g9 s9 N4 C, t, hEdmonton home builders working 'flat out' to meet demand" u" x5 N* B7 L/ E8 m! _
CBC 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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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." C$ i. _0 }% R5 i8 a Z8 [
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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./ e0 m+ D8 s4 f
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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.+ Y7 C: u4 E6 ]
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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.
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0 B9 ] B6 s; ?( t" M8 c; d! Q“Wages are growing so more people are looking to move into a home.”
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! C( q4 @8 a; m$ g% WTrades 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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