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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss% O# v8 W: k! i% C E4 B+ I
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Edmonton home builders working 'flat out' to meet demand8 l7 v7 S' O0 Z- v% U
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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" x5 q) \0 \0 u% l. X" AAlberta economy is Canada's strongest, says new report
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& l7 p* Z; @3 @/ h/ X! zEdmonton 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 2013.9 z5 Y( x, _5 k$ m/ [" l3 X
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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.
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) i( E* |( R2 m7 f3 x“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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