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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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"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.5 _; M! [9 \3 J# Z/ ~" a3 g9 W
0 M0 y5 Y' I% ?1 j9 Y% N"This powerful combination will sustain a market-leading pace of construction, sales and 2 a# J2 T! s' q0 L: Z/ W$ 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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