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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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+ L. a- F5 {4 b( R$ I& S! S9 |Edmonton home builders working 'flat out' to meet demand4 M- k( C6 B3 y: h. t- I! e$ H
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/ n1 m' J. f9 H* ], U4 W( L
0 g$ Q N- f% @# R# kAlberta economy is Canada's strongest, says new report( K+ r* x% r- k. F8 a
2 c0 l. C _, j' x3 o9 PEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.: X1 q0 i$ _7 `9 l' _
* l E7 Q8 w" W8 O7 @% JBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.5 s- o, ^5 B. y, }
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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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; h9 ?, {9 w$ kThe 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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5 E; G0 h* x" F5 t2 e& r“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.' n9 C: \- }- ^- n
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“Wages are growing so more people are looking to move into a home.”1 D: ?- O5 {) r9 F1 H
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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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