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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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9 Q! P( p" u" a"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.) [+ D/ v% _+ ]
0 {) K3 T/ E- s+ @3 G"This powerful combination will sustain a market-leading pace of construction, sales and Y" i. @" \- A) {+ e+ C ~
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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