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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.$ Y5 W# e! h- k6 `9 F3 \5 e5 m9 s
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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.+ h8 v4 ^. w& b. a
: y3 D+ J& i- O# S+ l' G3 U"This powerful combination will sustain a market-leading pace of construction, sales and , b) C2 y/ u7 d; I. W
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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