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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.+ ?8 S: O2 T# d. S+ n
7 F2 z' y% L: Z( g! ]"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.! U Q* ]( W! B. c- F
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"This powerful combination will sustain a market-leading pace of construction, sales and / x" p- s% B3 @) @ \
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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