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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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, W0 }3 h5 R: O8 N7 [9 p3 g4 f" {1 A% R"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.9 a/ z: _3 V7 H+ P' p2 K8 H3 M
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"This powerful combination will sustain a market-leading pace of construction, sales and 5 l/ r8 r" b0 j S/ X) d* X) A8 S1 `
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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