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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss: ]& W; J6 h9 c. p3 c+ S
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' ?2 o1 Z: D+ ^- ~Edmonton home builders working 'flat out' to meet demand
' E9 s- U1 ^4 Z! eCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT' ~% V* W/ H* u5 [) S/ N
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& e2 F! c" d. QAverage house costs in Edmonton reach record high5 M( m7 Z! v9 L- `7 U
) l6 ]% l0 D! F' x {. PAlberta economy is Canada's strongest, says new report
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% r0 E( Z" w, n5 e. MEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.2 l) p* i+ d3 ?+ Y5 {% C7 h+ v1 [4 V
* b0 D2 z' @, v7 H7 b, }) xBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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& E4 U& o5 ]0 U Z“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes./ z# X# h* W1 U6 Y( c' D9 `
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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./ a$ t! Y$ M. J( D$ f# ^
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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.# d" f* E: S: i2 l& P& m
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“Wages are growing so more people are looking to move into a home.”
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& s" w. P% T; c" y% U, qTrades 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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