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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss& b2 h4 v) @) {* _
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Edmonton home builders working 'flat out' to meet demand
! ^' u7 E# D$ M" qCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT( I) J+ V; d2 g7 t
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' S4 P' D7 l! o" _5 iAverage house costs in Edmonton reach record high5 b) ]6 p. C9 z1 A. e
7 w# }0 L2 O k IAlberta economy is Canada's strongest, says new report; ^ F! K5 v6 W) {/ A6 a8 |4 b
8 H- s8 s: i9 V6 o" }: fEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.& W- S9 ^0 h5 ^) I0 c# \+ a
9 ?" V( _" W2 z( bBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.) ^3 D) f Z7 g( X2 i5 a. L* q3 W
. t5 }3 w5 I. T N. f# ^“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.8 j! [7 [ |1 K2 d/ t7 M
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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.0 l, M* |% [, g# M; u t
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“Wages are growing so more people are looking to move into a home.”% m2 ^1 H: x) q$ ^. T: x% Z
9 n1 d; m1 t6 v+ x! xTrades 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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