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EDMONTON - Edmonton will see the biggest jump in housing prices in Canada this year, according to a major Scotiabank study released Wednesday.) b5 f W, x1 R$ d
1 P) C$ \4 C1 O" y6 N"Edmonton is the only city to meet all three criteria of strong demand, tight supply and affordability," said Scotiabank economist Adrienne Warren, who studied 23 Canadian cities.- M- r' {" i- h2 `$ V0 l
9 j0 h; v& x; B, I3 N/ V+ n1 W" N"This powerful combination will sustain a market-leading pace of construction, sales and 7 h/ ]& w0 G' J; a% {, c8 w7 V
Housing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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