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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss7 v& c s/ Z0 S3 g, v' j& B% o" L
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% l0 q w M3 B7 rEdmonton home builders working 'flat out' to meet demand+ b/ x% {; x7 E
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT. c) V6 p W. A: Q
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Average house costs in Edmonton reach record high1 p ]1 ?1 G. V" l- t
- U6 B7 F. K! \: WAlberta 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.; p! |) P* u% s
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013." ]6 E+ p- N; E( `8 P# S
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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.
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8 h9 R( U6 I/ y5 M- s/ Z! qThe 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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n2 i$ @- O9 K0 a" [“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., W) R1 H; F% ?' K5 k* r
" {8 [6 n( q, `0 Q2 g“Wages are growing so more people are looking to move into a home.”
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' `3 z, M% O* n0 _% R4 OTrades 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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