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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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% i& R I! ^) a1 X0 i( u! A% wEdmonton home builders working 'flat out' to meet demand# S" I4 T. L! a( c
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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2 q0 ]2 r" h/ q8 s" t2 zAverage house costs in Edmonton reach record high
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3 h2 X |" d F D) h BAlberta economy is Canada's strongest, says new report
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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.
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013., A& a" B% w4 X+ o _. Y
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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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1 B1 v! b( I' k4 J2 q7 V6 `“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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L) Y3 S; H; K# P( w“Wages are growing so more people are looking to move into a home.” G9 I- {* p6 k9 P0 ~. x3 [' i
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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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