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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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" M7 G' N3 r% C6 ^Edmonton home builders working 'flat out' to meet demand
% I( D' ~2 |, B( x& }" X. Z5 T( TCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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5 b+ P$ X2 l2 DAverage house costs in Edmonton reach record high1 Y7 `2 O: `- Y+ c
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Alberta economy is Canada's strongest, says new report
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8 }% ?/ _! I8 _& uEdmonton 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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+ ~2 C5 }6 u0 J& g* LBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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7 \9 M- X2 C7 h, H- z9 A+ y“Right now we're running flat out, we’re building as much as we can,” said Rob Busby, construction manager for Landmark Homes.% B- N( l* E- {( T H0 ^
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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.) Y/ W; L& K* D7 {3 |
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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.7 T: R& G% P( O
# I, T8 M$ S3 D( d. J4 a“Wages are growing so more people are looking to move into a home.”6 H/ h# r3 x( F& G
( ^ V7 p3 m# J) E tTrades 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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