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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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+ y5 a8 A) h1 F% R% v4 i+ f"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.; z5 a1 @2 D$ ^
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"This powerful combination will sustain a market-leading pace of construction, sales and
' d2 ]# @( N8 y: H6 W) v: vHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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