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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss# _ I) C5 A1 k; X$ g3 y& p
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Edmonton home builders working 'flat out' to meet demand" X+ r) H* b `
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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, z7 l: q1 Z& {$ v( oAverage house costs in Edmonton reach record high
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Q3 a6 U) g' |- cAlberta economy is Canada's strongest, says new report7 q- h% E& G1 I- L
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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.
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9 j1 {# I& t/ g3 P$ kBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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; U$ s# y9 y* I; x R! @( j“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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# z; [% ^5 y$ N( c0 O. A$ }The increased demand is due to strong job and population growth, according to Christina Butchart, senior analyst with the Canada Mortgage and Housing Corporation.' E) a5 D7 T5 Q8 Y% M/ ?, T% x
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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. K4 ?& h. l. v6 ^; o: x% P# i! s
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“Wages are growing so more people are looking to move into a home.”
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0 _4 t& _+ _% h6 ^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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