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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss; \2 s- w% y* u2 H! D
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) ]. H6 n, ^, Q/ Y" v8 hEdmonton home builders working 'flat out' to meet demand
5 Q8 Q) s9 i) `' c) SCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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- B5 _; l& v0 P: ^. D$ FAverage house costs in Edmonton reach record high) P, {' L+ r4 l6 |% a0 q6 E5 a3 v+ r O
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Alberta economy is Canada's strongest, says new report9 ]7 j9 ]3 T/ P& @) [
2 O6 A% M8 J2 w' J+ oEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.$ Z, x: y" a8 s
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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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g. ]# r( S6 y' ?) P“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. B9 I! a& h8 S9 h! G
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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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, E# H7 E' v7 |/ e2 Y7 p“Wages are growing so more people are looking to move into a home.”3 Z5 k5 E! A" x) U* A
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Trades 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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