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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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' ~1 W: q: u4 A" N( dEdmonton home builders working 'flat out' to meet demand' ~- x8 ], b- O9 w( a
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT: q6 y& G) V% H. ~" I
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Average house costs in Edmonton reach record high
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( v7 N8 \2 L. |- M( ~, QAlberta economy is Canada's strongest, says new report
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0 x* j C" `, H: U' O3 W# MEdmonton 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.: _) k6 }: p/ S- @* w$ T+ x w( r
/ l/ ~/ k; c- w; i“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes., x! n/ ~! e2 n* G8 d+ E
' `4 a: z7 v& vThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.; X' L3 n" Z1 A, }- r
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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.8 R! M: j/ @- ]! R% P0 y
' T" ]* U. w W“Wages are growing so more people are looking to move into a home.”# Z! M5 o/ L' k7 u7 R7 q7 b
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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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