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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss$ n- r! m: O4 {7 r5 j
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Edmonton home builders working 'flat out' to meet demand$ C" y) u9 U/ X Y
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT7 ~( p% o/ c* O9 T# H
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Average house costs in Edmonton reach record high) @3 Q$ T$ l5 S2 X( c G8 B# G* [
' G! S: P9 g. R$ P; G HAlberta 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.) k/ n8 H x5 k4 v! A
0 O; `! u$ |2 I R1 ]“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes./ S4 _& L! ?5 H
! m1 N& i( s0 Y( aThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.
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: }( I' H/ ~- n7 c6 ?# z“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.# O. v& o' P9 H+ I
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“Wages are growing so more people are looking to move into a home.”
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* f! H/ Z" \8 v4 w7 ?. @+ kTrades 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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