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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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; k, J0 f: O1 H* ?0 i"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." A% I6 Z3 O. Z: b* w7 s. L
& o* g& K7 \& s; I3 U& }( _2 v"This powerful combination will sustain a market-leading pace of construction, sales and 7 P; q; }+ g; m+ Y5 Q
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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