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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.& g$ i5 e7 ~6 d- L* f5 G
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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.& V: X# _0 n, y/ D2 v7 r3 u2 e. X
6 \9 [) O4 k3 P" d; B% |$ O, ?& W/ S"This powerful combination will sustain a market-leading pace of construction, sales and
* e& \, `3 r$ P" P5 _. RHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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