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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand& x& i6 H0 Y- P h9 q/ G
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report
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) ?8 ?0 A% j3 _/ ?$ E& B/ CEdmonton 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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# S' a2 I$ j+ n7 xBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.9 w8 a4 G+ \' z; V* P; I
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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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2 v9 o" X+ {7 A, |4 l: _0 }The 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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“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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* v! I4 j {) G: s) d5 H# O- P9 v0 X8 X“Wages are growing so more people are looking to move into a home.”
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! Q4 q; [8 c9 uTrades 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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