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http://www.cbc.ca/news/canada/ed ... d-1.2763102?cmp=rss
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( V, a- Q V3 pEdmonton home builders working 'flat out' to meet demand6 s( G% n- d) A, a
CBC News Posted: Sep 11, 2014 7:56 AM MT Last Updated: Sep 11, 2014 7:56 AM MT
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Average house costs in Edmonton reach record high7 |% A% u. ]7 P. F* N- @& b: ?3 v2 U
7 W: c8 W I. i( E4 c3 E0 Z' YAlberta economy is Canada's strongest, says new report; t8 T# h. z& S0 r$ B* U1 d
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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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$ {) m. y8 [1 h/ w3 J }Builders 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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“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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“Wages are growing so more people are looking to move into a home.”/ B% ?6 u) A7 Y C
0 |! M# M/ v8 {9 eTrades 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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