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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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2 L! e8 a* h, s2 A0 E4 U% FEdmonton home builders working 'flat out' to meet demand
+ ?4 O5 P6 W3 E OCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT7 V, I3 I, f2 \# ]7 F& c
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, d9 M, n4 Q2 i$ LAverage house costs in Edmonton reach record high- K& V6 S3 L; \. a; @3 v
# o1 L0 |- z g, wAlberta 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.
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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.3 W0 n; T# b1 e5 a9 R" S
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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.
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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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