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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss5 F& `" K6 j# `6 ~; l
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Edmonton home builders working 'flat out' to meet demand# i1 {1 k+ G, Y% o$ D* e
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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8 v5 [) G8 i/ `% GAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report
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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.
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“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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9 j9 a& F& W% |! ?The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.% h9 l/ J9 Z+ D2 N0 {
* i6 s# x; X3 t0 d5 z“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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+ u A& [/ C i* A2 N“Wages are growing so more people are looking to move into a home.”/ ^) E! }! U4 [) d! \7 d
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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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