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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss5 O: d8 ~8 P4 U" }
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Edmonton home builders working 'flat out' to meet demand, V2 E, l* v9 G8 m
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT4 P4 e3 G5 y7 @% g% v& p3 I8 b( x
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Average house costs in Edmonton reach record high
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Alberta 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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, X3 }3 }* p7 @0 k8 VBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.! n* A% w9 K7 N/ y
6 {. Z: w2 q1 J“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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/ t, G% P, v. J2 Z' Q$ M, z! b3 a2 xThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.: Y, k7 e) `0 |7 `1 w
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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.3 `8 s# T8 H- c) p/ L
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“Wages are growing so more people are looking to move into a home.”5 @. B6 Q( H5 u* Y1 U# U! l3 b* M6 {
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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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