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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
q; P# A- u6 Z- N2 Y" v* X0 z0 YCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT8 Y! i D- p& ]1 l1 R3 l8 u5 }
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Average house costs in Edmonton reach record high! v4 k) K3 E+ h4 S1 U# B2 H, ~9 }
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Alberta economy is Canada's strongest, says new report' J4 ]0 E; b5 t
$ x; P9 P, @3 @& s$ vEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.3 n/ _7 ?9 y; H# C* d6 U' @
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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. O. b6 I7 I) X/ Y" |“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 ?2 g6 y0 [- |! X" {8 ?0 z6 C2 KThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: T0 `" J2 d8 g
8 \! g6 }, B+ `/ V“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., `5 ]. J$ f8 R! G" m
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“Wages are growing so more people are looking to move into a home.”
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! Z' M% J6 e/ q1 h rTrades 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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