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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss; J+ H/ p V9 o
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Edmonton home builders working 'flat out' to meet demand
' O# I9 d, x4 \. K' P# bCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high8 {. Y8 j2 D J5 B
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Alberta economy is Canada's strongest, says new report1 @- `7 Y/ R2 R7 ^1 `6 o' [
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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 2013.0 @$ P2 \( |) i# ~( d
( @3 l U# }6 {# @“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.# g+ y% \* U) z% d; g, }+ J8 F
4 n8 m" ~, ], e$ n9 l$ J' W+ ]" tThe 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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* |# ]0 y% R& q6 Y/ q' E# `/ E“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.* n9 D$ B7 `% T" d
1 x+ p6 E* {5 {# w“Wages are growing so more people are looking to move into a home.”$ k4 j# }; s0 E5 e6 O$ G
o, N$ z5 t" ]6 n* w& ^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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