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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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9 F! `+ J3 Q' t: o- qEdmonton home builders working 'flat out' to meet demand
6 i( \4 b2 J% o; iCBC 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 report7 F' {! h2 A' s- h2 L
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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.! s* A, E+ G8 y+ f
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.. c2 K' K2 c+ J2 C) F( X
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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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5 H' }/ M) @4 O. N! U# P4 ? y. wThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation." @ O. M- u7 O: }8 J
7 g6 L- o) ^- V# j2 k“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." A; |' s5 L; x, ?& s0 Y5 C5 y9 E
+ u# V6 Y: j+ _“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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