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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss% m/ g1 v% S3 O1 Z1 T
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) K5 i7 }% `7 U8 X8 REdmonton home builders working 'flat out' to meet demand) F0 j @! a/ Z3 _1 J& |' @/ {
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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. N& f% p) r9 A; x# m- ZAverage house costs in Edmonton reach record high2 D% Y, D0 }. u! W: f; o
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Alberta economy is Canada's strongest, says new report
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' u3 x& I- j5 zEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.$ N1 o' _/ H8 A- q4 Q
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Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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8 z% Q( Z0 n2 S) g“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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* R3 m# ~8 ?- t& a9 k! LThe 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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“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.$ M9 E) A: H( l" ?9 K4 J
" [+ e" C( ]# z- b/ \“Wages are growing so more people are looking to move into a home.”
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0 x1 o$ d% e& q, ~% W0 c% c# Y" 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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