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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.2 t; n& W' Z% Y+ ^' E& @
1 A& M- F# M8 ~6 K) l+ I' Y2 w( P+ x"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.! h0 V. q& I7 t8 s. I7 A
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"This powerful combination will sustain a market-leading pace of construction, sales and 3 {& D. ?! @( w
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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