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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss& u. p, I1 \' \; } e E
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Edmonton home builders working 'flat out' to meet demand
+ g+ i) G; ^% PCBC 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 high8 n. A% b F+ I$ q5 d
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Alberta economy is Canada's strongest, says new report; s; |% Q" @# A* o; h4 I+ P' E
( E, W+ m& Z# `. T1 s3 nEdmonton 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.# @4 g, U* T# k% x: ]) b
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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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The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: n- f. V0 m6 R
1 n, ]3 X" C3 ^0 ^/ J2 k1 ~* ]$ @“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.7 Y3 l# B' _; v' C, M. U2 N: f/ h
, m' h1 W, o, ~. q3 H) `/ ?“Wages are growing so more people are looking to move into a home.”
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$ W1 j: P1 W! ]9 YTrades 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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