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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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3 t0 K& G( _3 I2 ^Edmonton home builders working 'flat out' to meet demand ? N9 Z3 D) B7 {- n! _
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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! m; R% y) u; B& rAverage house costs in Edmonton reach record high
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Alberta economy is Canada's strongest, says new report
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1 H4 F/ C3 |; _+ jEdmonton 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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K. E! w. D( S& p+ ]0 w$ fBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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6 k6 A4 N, U* m“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.8 @4 y8 {. m) V, u5 B
9 t1 y$ [* {6 U* o“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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5 M& \* D; g0 p7 h% ]2 D# R& e5 \- M+ v“Wages are growing so more people are looking to move into a home.”
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) B5 Y4 Y0 }) _) A2 C" ^+ @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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