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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.; u" t# T7 H7 @7 s
7 F/ M+ H6 `3 V }8 z) ~2 x# X B"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.0 _# P! X2 X- p4 V5 l
, |: a& ?5 E1 o" E2 M0 Q$ L! C; n"This powerful combination will sustain a market-leading pace of construction, sales and
" O2 b6 I+ e6 I# J' X7 y: z# ~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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