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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
! t0 f/ H# S3 z" D3 w5 i. B f0 fCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT% i" g* b+ @/ E) I4 p
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% V3 E3 |" A `+ h' ?Average house costs in Edmonton reach record high
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4 m2 n+ B7 M R( R4 N# U, oAlberta 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.
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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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“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.1 O( `9 m% h& M: b
: y' G. J, r; ^The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.( Y2 [# e+ s5 s7 q4 e
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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.”. _ S# c0 J0 l5 D
% t) s3 ^ Q+ r3 v+ U+ d$ 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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