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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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- Y- R1 E+ b) a1 Q) H' \"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.2 Z! K' G% E# n7 a; L, B
0 r( w7 a1 Z6 ~% e0 V8 j"This powerful combination will sustain a market-leading pace of construction, sales and + L) p5 j9 j, ~1 H$ 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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