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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.
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* T8 B+ d4 x" J! L7 z- n+ Z"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.
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"This powerful combination will sustain a market-leading pace of construction, sales and ) e2 V2 h+ j% @4 Q: }/ e1 p8 \: V% p/ y
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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