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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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1 `: C3 `; c3 J+ W0 |3 A; i5 MEdmonton home builders working 'flat out' to meet demand5 z0 M8 M1 _/ X V
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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! y; U! o/ D2 U" wAverage house costs in Edmonton reach record high
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- I4 f: A4 J3 \) EAlberta 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 2005.2 A7 n( n3 W2 Q( ]7 c9 Y L
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.- T9 z2 G# v3 ~ `# _3 `
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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./ u% q3 z! O# X: f, C9 T+ s3 O
% U0 j1 e# l! |The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.& M1 ^ {& s' ]
+ B" p: J W: p9 M“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" F' R3 }0 e: M$ m
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“Wages are growing so more people are looking to move into a home.”
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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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