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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.$ V' N2 L G6 K4 U( ~( n; y
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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.1 @, B2 v4 Y# P% ]- F3 ?7 F
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"This powerful combination will sustain a market-leading pace of construction, sales and 6 m' h7 h0 Y8 h1 }5 Y4 L( P0 F) V
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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