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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand4 I: [9 }' o1 P- }
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT1 f! J& i2 J4 g; [4 r
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Average house costs in Edmonton reach record high a. M4 C' Z3 q& f/ T
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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.! q. P4 o5 _% I2 f" p
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.5 R2 O3 D1 U% R$ A3 d
0 o6 V7 M* g" n“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 I' n7 T4 o: H9 x* O: E0 D3 @The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.( e! ?% L: V1 p8 s' b
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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.” I4 t; a3 H# w( I$ N( s' p
! R0 l+ j& s7 r/ u' Q1 y- pTrades 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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