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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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! \# p: A5 p. Z" p' iEdmonton home builders working 'flat out' to meet demand
$ V9 D4 f+ \5 R% T1 t; J, zCBC 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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0 F) n/ [) a F* m- w' f/ `( JAlberta economy is Canada's strongest, says new report. u i2 j/ ?3 T3 [0 N/ Z* ~' y
g% L9 e4 o* \2 qEdmonton 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 A1 K6 }( a6 I4 BBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.4 V# B* c% n6 {2 k6 q+ M9 ]7 m. ?
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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.# M' _* [! u( I2 K4 z: R- \
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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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: m% [9 H$ v* o2 I- |+ q% y“Wages are growing so more people are looking to move into a home.”! i, N% v' D. n' w' a
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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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