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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 demand6 u, }& T" |# d @' j, x
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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f$ Z% f& |7 |& jAlberta 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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; T! G8 c( ]2 g6 |! j# uBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.) r1 q+ t9 \+ |, s; t9 n
+ k, Z y$ f% t9 _" {2 e+ D! N“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.$ F1 N# X1 c& o G# }- ^( n
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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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0 w1 g: U# p* r h8 i5 j“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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) s5 ?7 t# i& E7 V9 p“Wages are growing so more people are looking to move into a home.”' i+ l1 q, |+ p0 x6 t% `5 l
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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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