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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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$ D' F3 Y& l* Q+ k- r0 r; ?3 \Edmonton home builders working 'flat out' to meet demand7 p; d- ^0 o! V+ E
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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9 K4 E4 d% C4 p; x! |Average house costs in Edmonton reach record high3 \) z+ |9 o ]
8 Z4 k. X5 ~& p- tAlberta economy is Canada's strongest, says new report' G9 B+ h9 b, Z, o2 v3 v9 E: Y% A
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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 2013.0 P4 \- h) R6 S" r3 h
: Z+ |+ q- G: h: C“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.
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: R4 l# O: N6 q5 v5 `“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.% `: E; }, J. j7 V) J( ]4 W+ h& J& f
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“Wages are growing so more people are looking to move into a home.”" M( E% x8 l( V0 N
! q' R% o+ c8 m7 a( O& h+ kTrades 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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