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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss4 e K- k, t7 l+ i- C! o
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Edmonton home builders working 'flat out' to meet demand
7 o* }, ]: A+ G. fCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT# J% X% Y2 |/ l) y
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x4 a% X+ y( O7 V, e) [: VAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report. ~: U. u; S- ^
/ e# b- `. M/ M# S @9 K/ QEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.* z8 r! D+ B3 E, ]+ q+ t/ J
7 c c `- v; M3 k% t4 hBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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7 I& y% D7 b9 t5 u4 y; W“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.) \, \2 F/ B& _: u% f
0 T& y/ M* ]& H5 i. XThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation." f& g( i* f5 E+ j2 l
9 Y) s. w; B4 w, A! E“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.”4 D+ h" G, U! t# [3 B
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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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