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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss# \" o: m& F- f- u& a
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Edmonton home builders working 'flat out' to meet demand
0 {/ l9 A: K8 u& @. tCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT' o, u$ N$ G5 [% s* Y2 \2 e
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Average house costs in Edmonton reach record high% R) _8 @; s `6 Y/ w$ V: ]
F8 a# q, D% b, n$ f$ K5 l% `( V* GAlberta economy is Canada's strongest, says new report# w* G" f0 q: y# t/ g$ ]
* S: ^# Q" Z/ o$ D4 z( ?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.) K4 O) W$ e" g, U( }
# X" u% y. S! I. N. v$ p5 l0 [5 O0 n“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.$ h4 J+ h9 x2 `3 @' s6 O
" z% @& h! m) r) G' MThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.
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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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“Wages are growing so more people are looking to move into a home.”
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8 E, O6 ]6 t; L }8 iTrades 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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