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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.# }. I% Y& E) N* ~) i {
# M9 x( x% i) a; ?, @8 e: X"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.& i2 ?- |0 e0 x# I% I( W( ^! |
% a9 v8 B9 T" a' R/ i2 C$ s6 A"This powerful combination will sustain a market-leading pace of construction, sales and 4 r1 o$ ~+ V; O
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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