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Edmonton is still leading the house prices nationwide

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发表于 2007-3-8 17:26 | 显示全部楼层 |阅读模式
EDMONTON - Edmonton will see the biggest jump in housing prices in Canada this year, according to a major Scotiabank study released Wednesday.3 m  W" r8 F- i% T7 {' |% k

  l% h4 A; D4 ^/ v6 R# T"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.' E; o% A$ g5 J+ |& ?: s
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"This powerful combination will sustain a market-leading pace of construction, sales and 6 q. I" `1 {5 g" s1 ]! g4 H
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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