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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss0 n8 ? \& H* ?0 t
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Edmonton home builders working 'flat out' to meet demand9 ], L1 _. H; p4 E3 c6 q" ~/ }8 y
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT) g0 c \ j# s5 e/ s g
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Average house costs in Edmonton reach record high
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8 N2 Z) p: ~2 Z) T! ^) _' Z' @5 vAlberta economy is Canada's strongest, says new report4 S1 C& _( n6 X
' A% Q. l3 S0 O; wEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.$ j: ]0 d3 }# W* C8 h4 \, k, C
. ~4 d9 M4 J; rBuilders 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.) `/ ?5 [. {- X9 v1 B7 ~ Z* C
3 c9 M; z2 h. [+ n* Z4 N5 D9 F+ S; GThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation./ c4 V- \ c( T( g, c
- z9 ~+ d6 B) L" ?6 y( _6 y( H“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.1 m G5 _/ t1 ]4 E% K
) d) K/ H/ \# g& P/ l“Wages are growing so more people are looking to move into a home.”
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7 _0 d$ [/ q9 G4 HTrades 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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