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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., X6 L( h6 y- C( ^$ |; |9 B
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"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./ z& q! n$ _$ F& o9 g
9 p8 i, C- R- u2 [, a+ l0 F- a9 O"This powerful combination will sustain a market-leading pace of construction, sales and
. N& i% m+ y: G3 D. L8 VHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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