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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. W8 s7 ]$ Z7 i
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"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. R2 O- F6 q- t
4 e( X% W. `5 P"This powerful combination will sustain a market-leading pace of construction, sales and 0 h3 |1 e9 w8 c M( |
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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