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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss5 n2 ?* k, P- Q# e0 T7 x
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Edmonton home builders working 'flat out' to meet demand) U+ ^) Z) ^. N8 n
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT7 l1 P! T3 F% ~3 V
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Average house costs in Edmonton reach record high& J: S) B7 U" I7 N8 u* K. l, d
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Alberta economy is Canada's strongest, says new report
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' d4 i5 |4 O% U8 V4 GEdmonton 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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V6 ?; m+ x, r5 a2 f. \2 e1 XBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.: L8 c3 k% h4 a8 G
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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.
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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.; n: B5 A3 C0 }0 B; B/ K2 ?
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“Wages are growing so more people are looking to move into a home.”
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8 j) g$ ]. k2 QTrades 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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