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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss9 F; Q3 c. s4 O, \' P
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. v. l+ p, o1 ~7 `. d( VEdmonton home builders working 'flat out' to meet demand
+ Q" F. |3 K7 J, x% @! H# ~CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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: `6 y# _+ `0 D' i# S8 U- FAverage house costs in Edmonton reach record high: y4 X9 Q0 h6 @) [3 e4 D+ O# a
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Alberta economy is Canada's strongest, says new report
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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.) \/ j2 A( U0 Z) ?5 _1 f
& s! @* J8 r, ~7 @# HBuilders 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.; T/ |! X* w2 I& K4 D4 M4 c& P6 ?/ F1 b
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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.
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0 r# T' a" j" `; E- ]“Wages are growing so more people are looking to move into a home.”
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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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