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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss- `& M9 G- K. t) l4 q- l' \9 [
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$ z+ D( H+ k5 O% o, e8 jEdmonton home builders working 'flat out' to meet demand9 }( n L; d& b# L9 a- P
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT1 @# V/ @) {2 r/ ?1 N# `
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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
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: `9 E z# d. aEdmonton 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.
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! ^* X7 z& n8 a" x“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.7 Q# ]2 U% X# b
" V) I, c6 Y. h8 K r# ~! v' S“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 |6 R6 F% E4 E
7 j/ O$ b- k0 d4 x“Wages are growing so more people are looking to move into a home.”: l( F& }- M+ w7 R7 u' j
0 [0 U2 g* |3 F* F, O- p FTrades 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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