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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 q$ a" B r+ k7 G& F" g
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Edmonton home builders working 'flat out' to meet demand
, V+ l/ b- _" pCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT$ t0 @9 B0 ~0 }: v! O* N0 @
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5 t% L7 }8 z, } u' _) ~Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report# _6 ]3 L$ S$ W4 x/ t$ A
1 s5 a, I+ F7 p2 }8 k4 S% IEdmonton 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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% v/ L e/ B) @ a) C* Z“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes., y7 `1 Y. _- C8 m; c* f2 _
6 l7 P$ _, V! VThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.2 ^3 Y# `, U8 z9 N4 \# G
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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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“Wages are growing so more people are looking to move into a home.”
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! G( i$ y- P7 \, u0 J+ ]( `3 HTrades 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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