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$ l2 Q+ W1 Y# CEdmonton home builders working 'flat out' to meet demand
2 t& K2 o2 S( H" h z) T$ I4 x9 u. bCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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$ K7 v Z3 s; o4 `7 r( Q2 ^3 PAverage house costs in Edmonton reach record high
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; `0 s9 |7 n i8 N& |; bAlberta economy is Canada's strongest, says new report
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R, Q4 S( W0 X! h- l: WEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.8 f; `& d5 z4 ]" x, l) S
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.5 S) E, u0 [& k7 z9 n
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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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i1 l0 I/ e0 \7 V, `0 g4 x# _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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“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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