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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss8 S$ p- @( a0 a! ?
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Edmonton home builders working 'flat out' to meet demand7 p% {- l/ b0 E- d& \! D. h
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT3 \- V" ]3 n; h* i) T% A
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8 ^. w. ^/ k9 }5 X+ p4 jAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report4 I$ _7 k" J! n
+ F! n5 z( m6 LEdmonton 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 2013.6 g* v/ k! M# x3 I& T
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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.: ]: E8 ~4 L: u" N
( s4 J& v) g1 y# M: S( H$ N6 W“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.”' ]& a- D! |! h2 G/ |" M r& V1 o/ v% L
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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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