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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss N# c1 \6 g) F9 w1 [% y; ^4 s
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Edmonton home builders working 'flat out' to meet demand$ [4 j+ I* ^, e& Y, d# y
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT( b# s! n* @6 @' Y( }
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Average house costs in Edmonton reach record high ]( f- W9 n7 _& E/ u
. p$ \# e4 D; Z) ?$ a! ~' O. o: O& oAlberta economy is Canada's strongest, says new report
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$ v7 R2 k* g" R+ I1 rEdmonton 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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4 h1 u' C# I3 T5 ?; f. gBuilders 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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The 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.5 R) L9 Y! z, ?- b ~5 Q
1 S8 E* ~' H7 g* J1 @+ h“Wages are growing so more people are looking to move into a home.”
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( _0 _- d+ e4 { xTrades 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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