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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss# D; ], Y1 Y: J1 |( j9 R8 s) q
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% S) G$ \! o$ u' D" _0 j+ j. [Edmonton home builders working 'flat out' to meet demand& T( Y& T6 O: l. O% A" Q' u
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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6 W+ |8 @0 E6 }9 ]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.
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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! \! }- B" @/ W& n! h“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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- ~* A3 m3 R' p+ @( g* p. F: }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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/ B+ {* ?3 a9 W“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.: w. T/ M7 S; h4 g" U0 F( s
3 |8 m6 B! H+ h5 T7 s7 t6 a/ _“Wages are growing so more people are looking to move into a home.”
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4 S' t9 @. N" T& B4 w, {1 dTrades 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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