Edmonton housing starts grow 29% over last year

New Edmonton-area home construction soared in the first eight months of the year, according to data from the Realtors Association of Edmonton. 
Single-family housing starts in the region from January to August were up by 29 per cent from the same period last year, to 3,350 units, the association says in a Tuesday news release.
That puts the region on pace to start almost 5,000 single-family homes in 2017, more homes than last year but fewer than 2015.
However, prices didn’t keep pace