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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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, `! V- V; B7 E! A0 A0 F% KEdmonton home builders working 'flat out' to meet demand1 X) i, P0 g, _ {
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT; {( y$ y. |8 {5 e0 c
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' U/ E6 p; K( Y. EAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report$ K9 O$ U$ }- {3 }9 _
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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.( C$ L6 ~4 |0 a8 F* _1 M* `% j
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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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+ b0 r% i" k; n/ Y6 U+ e! s“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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. g U7 T& v5 @The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.) k8 g6 B5 R/ g
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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.0 N+ y9 p( O7 o8 l: p! b
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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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