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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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1 E4 D; Q9 X% D: g' iEdmonton home builders working 'flat out' to meet demand+ r/ Z, t0 O' L# I# x. H7 Y+ _
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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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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; s2 C: F; m+ F- W. b9 |, }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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( N+ u6 J2 r- Y( \Builders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.7 Q7 u5 a6 [& _% k6 |# y
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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.( W& W, I7 Y. b$ }: l4 w- v& H
5 n2 _8 Z) b$ m, }. ^$ I“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.”
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, E; x" k2 M* k# t: b2 f, U% pTrades 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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