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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 demand0 h& ]& V7 X, u! C
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT4 N6 B2 Y6 D. ]
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Average house costs in Edmonton reach record high
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5 h: ^8 H' ~! W' z& u. T+ bAlberta economy is Canada's strongest, says new report& _2 j# E' F$ u; F* W
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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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% {7 ]8 }! `$ v* mBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013./ F1 [, Z1 \& c
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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.9 Z2 |8 Z$ C7 Z1 b- \: L) ]
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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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“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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9 N) v) x3 M1 \: B) h8 k“Wages are growing so more people are looking to move into a home.”
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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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