NEW HOME CONSTRUCTION MAINTAINS SIZZLING PACE

Edmonton - According to preliminary fugures released today by Canada Mortgage and Housing Corporation (CMHC), total residential housing starts across the capital region acheived their best June performance on record. Total housing starts across the Capital region achived their best june performance on record. Total housing starts in the Edmonton Census Metropolitan Area (CMA) increased 31 percent from 1,183 units in June 2005 to 1,547 units in June 2006. Six months into the year, total new home construction is 14 per cent ahead of activity reported during the first half of 2005.

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