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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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. m- D g5 Q2 }( n"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.
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2 s- x! p. g3 Y/ S"This powerful combination will sustain a market-leading pace of construction, sales and ; X8 j& ~+ j: w' u# t
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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