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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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* t: z! o/ e! REdmonton home builders working 'flat out' to meet demand
1 F z9 Z% y3 b+ K& K |CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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0 |: m' q, m) p; @: P# bAverage house costs in Edmonton reach record high; M/ W: V. F* a
5 m) |% h1 y* i4 g* L5 PAlberta economy is Canada's strongest, says new report
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7 V1 D8 a2 \5 LEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005." K, U/ @# t0 r6 l6 K' i) a, P
& J ~; n# M) l- O8 k3 W h! ]Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.% @8 G" U+ n7 G7 [, ?5 A
3 b( V# X% s- I3 |6 ~' ?“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.. O# v3 H7 ]5 }: D3 g2 B) R
9 q5 v8 \3 L" f# I! oThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.3 B! M$ Y8 ]- S \" k
' y" `2 H1 A* C' C“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./ d3 _9 r' |4 E0 @
4 J4 ^' z! f+ w" w( C, Y$ J“Wages are growing so more people are looking to move into a home.”
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' x4 B: s2 \3 l# \6 F- i: f0 eTrades 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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