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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss: w' `( W0 `5 c" k8 A) b' ^
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Edmonton home builders working 'flat out' to meet demand/ t2 T% M: v1 k6 t* f5 X" a
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average 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.! d) V% [4 x5 K$ h/ Q( ]; k
6 K$ c/ y) M/ c% Y& W1 MBuilders 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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( a J1 U+ y/ d9 b, K“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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( F2 f, T/ x g) j) R$ \' q: C“Wages are growing so more people are looking to move into a home.”
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' @) k- e8 {- o6 L/ ~& i4 wTrades 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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