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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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. q" k& w& B) E8 H0 z XEdmonton home builders working 'flat out' to meet demand, y% @- ~( M$ A* J
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT/ k% ~6 l- s, v2 R) F& F B
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Average house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report- [& X/ F3 Q" U1 C9 e1 L7 |) E
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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.
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. s( E! H3 ]2 V8 D/ w) v$ RBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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, W2 C+ C0 x1 O2 \$ W* C/ m! P! o; a“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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7 p; \4 R: X- ^4 o, NThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.4 |1 |! ?1 ^! ^3 N3 p
/ W) l9 k, D, L“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.3 A6 n7 d h) Z9 \& {5 s
! f7 y: r5 F* i“Wages are growing so more people are looking to move into a home.”) N* A( E5 B; q: a4 K- D
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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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