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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 L" U; i4 c9 u( H+ L"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.* F4 x+ W3 p! s4 w
! o# ?8 O; U$ ^9 u J5 A+ O"This powerful combination will sustain a market-leading pace of construction, sales and
q: X* B* r/ } z }5 g- X; zHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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