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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss( Y+ x+ ~( [- z9 G
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Edmonton home builders working 'flat out' to meet demand
6 T; V Q9 K# |/ N! o' D- Q+ I: LCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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d* ~8 |: s2 bAverage house costs in Edmonton reach record high- h. u: r; z0 c
4 ]3 u7 _& f# N) \' e5 w; JAlberta economy is Canada's strongest, says new report. [4 _% w" X/ u
* y- [ r9 N# D. L; C! A% CEdmonton 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 2013.0 _$ w' M! E; S. P6 _5 \* j6 k0 l- k
1 u: h5 f z* l“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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. H% w8 p7 I( L8 M1 T ^, v& vThe 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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1 M' w k, L/ _# Q9 n* F( i/ E6 a0 e3 V“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.+ W6 W' N+ P2 e
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“Wages are growing so more people are looking to move into a home.”+ E. N/ X3 d/ g0 Y% `) o* W) n. H
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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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