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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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Edmonton home builders working 'flat out' to meet demand8 |+ }; Z9 W! O: Y) B5 h5 s% J7 p0 D
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT! v; C) A* f. W+ ]
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2 f5 \& w* r: aAverage house costs in Edmonton reach record high7 b* C# x( e l+ n6 r
8 s& [, j2 o ~. lAlberta economy is Canada's strongest, says new report6 U& |0 T, M7 r6 z$ H4 N
9 @* V& Q- P! t' G2 {1 A/ ]& i# VEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.1 r2 }# G. ~- [% G8 `
1 x: S) W. C6 b, sBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.' |0 A b# ~% v4 \- I. {: Y
[: Y' x0 m# d“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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" I4 `8 S7 k/ Z* HThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.5 L5 e; K! f$ m4 v
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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.) X% ]( i* ~0 g" D/ ~
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“Wages are growing so more people are looking to move into a home.”
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; T8 Y/ a# O7 P1 JTrades 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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