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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss, Q. m8 ~- @1 g' v
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Edmonton home builders working 'flat out' to meet demand
% C# H" W$ M$ X7 ^* B; Z& h bCBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT" E. g2 O) J5 x! s- m" P$ s! Z( ~
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# F! O O V7 s4 FAverage house costs in Edmonton reach record high
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$ z2 V Z. F- F) E- iAlberta economy is Canada's strongest, says new report/ `: A/ W6 B7 f3 v3 N, M
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Edmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.1 F# x/ \% }+ V
9 {9 c- ~" y! F) d( p* ABuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.- {+ a; K6 i; m# C1 y2 ?& d
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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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6 t" _' O ~2 o) q4 U5 eThe increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.2 ^; U, H2 J) V q' f4 F
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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.6 z. C ~4 R9 s' c0 A: L9 \
/ G0 D; C+ B* a“Wages are growing so more people are looking to move into a home.”
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' H4 _: | D4 S- A7 BTrades 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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