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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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/ J+ h8 V8 q" P( wEdmonton home builders working 'flat out' to meet demand
" F( e/ X- m, A; vCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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8 y: X2 f' o9 [ |5 N- J- ~Average house costs in Edmonton reach record high% ^4 v0 }( y( J5 I; W" i
% ?& P+ S% X6 M: O, A- f ?Alberta economy is Canada's strongest, says new report3 g" y- s. D% ]# n% g
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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. Q. }) p" ?" R$ y4 h
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013., d; K1 g9 \9 M3 E7 \2 D( c% X. U
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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.% o+ B0 ?1 c! U
8 c3 j& V; ~& a( s9 X) M“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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5 [. P4 {8 M8 v“Wages are growing so more people are looking to move into a home.”, B3 B: {+ r& v5 E4 @2 U' L T
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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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