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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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- d. f# l$ Y) U% S: A: ]) ?+ LEdmonton home builders working 'flat out' to meet demand
2 l! K0 B/ h. f; mCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT5 W1 s. `2 o8 |' s, X7 M) o7 b
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Average house costs in Edmonton reach record high' e! Z5 u% I+ M, G8 s& i
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Alberta economy is Canada's strongest, says new report6 g( E0 I6 G1 e* I+ G U, u2 S& W
: K: d& ~. R0 `$ d! c4 i0 c4 KEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.3 p7 ~& B. b; ?
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.% E6 m* [" h! {) x5 c" a
$ b4 H2 \% f4 I# d+ _8 b“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./ I# y) I9 {/ M9 l& G! G
- J/ w$ U4 j F, {5 C" B“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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% L0 X: U. a4 k9 |“Wages are growing so more people are looking to move into a home.”
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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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