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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.4 n- m, u3 a7 N5 k9 O: E+ w' t) V( J
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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.6 C: F% v \1 v9 g, L
5 S; `4 f4 }8 G3 Y0 v& J' |1 S"This powerful combination will sustain a market-leading pace of construction, sales and " |0 J8 P( M) G" C4 i; J2 ?' R2 I
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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