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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss" h& B8 y$ Z: S, J& `5 w
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Edmonton home builders working 'flat out' to meet demand8 Z5 K5 ]/ A* j6 d5 B3 q
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT; E7 L8 G8 t/ U3 A; D% I" \
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Average house costs in Edmonton reach record high, U% j# ] y. ~ h$ L! I$ A% y1 U0 C
& [$ ^7 T! c' I3 N4 o. l7 C( R7 eAlberta economy is Canada's strongest, says new report
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y( r% v& P* M. G! d, m: ^" }2 H2 mEdmonton home builders say they are working non-stop to meet a demand they haven’t seen since the boom of 2005.9 I' I" a& t9 v; M
. y. h' D, V! J5 p" ?! C( fBuilders started construction on 468 new single detached homes last month, a 34 per cent increase from August 2013.
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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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. f: p4 g2 o3 W“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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0 K+ e/ G' i. W4 b: p“Wages are growing so more people are looking to move into a home.”
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n) _$ @2 k4 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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