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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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* t4 Z+ `: X. K2 v$ [9 t) l8 BEdmonton home builders working 'flat out' to meet demand
/ g) l ^, o, |: F9 [CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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7 U4 U. T) s/ O% cAverage house costs in Edmonton reach record high! G. k' Z R( M# M
* R8 p2 g, }$ _- eAlberta economy is Canada's strongest, says new report8 V" Q5 [ d0 F. V2 [+ n# T
6 o- z) S h/ m' p) REdmonton 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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# u4 ~- v" Z5 G1 x+ w( J0 MBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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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.- N: r T( F, E! Z
& U7 u+ Z& G6 B4 N3 D“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.5 |* Q5 ~) x$ Z- j/ t! d4 v# g
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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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