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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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& |7 O7 H6 g. b3 z! P+ x' `Edmonton home builders working 'flat out' to meet demand9 a ?. N I: P' x5 Y
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT9 _4 V! N9 ~& X1 d* \( n4 e
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Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report3 @, k3 g+ \% i: p, R
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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.. ^" g4 t- W/ L/ u. k2 l' ~, h
) i% ]" E* B7 h" m/ h3 RBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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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.$ s" q2 j8 U+ n* ^" i
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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.5 }9 Q' @' @0 r) I9 s* R$ P; q
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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.- G+ Y* c/ O9 v) H2 b4 |
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“Wages are growing so more people are looking to move into a home.”& _" h7 d9 m6 Q8 [: f
+ R% M d5 B W! o N8 TTrades 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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