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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* Z6 {7 [* I: U% a) [
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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S5 m! A/ B# B! ~1 [$ e2 AAverage house costs in Edmonton reach record high* |6 \& C+ f* Y3 ]8 m' P4 B
' k y5 n( D/ p) f0 x! j2 iAlberta 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 2005.0 `6 U: O" Q* M$ C
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013. e8 ]0 m: M# `/ M; l z
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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.4 P( C( ^: t8 \* R4 V
6 N: O& C; Y* e! vThe 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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“Wages are growing so more people are looking to move into a home.”" R3 z& q& ]2 r3 f% `. C; h. q4 }" u8 @
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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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