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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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! P" r" Q% H2 O" U"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.7 Y s3 y3 I( ^$ J# |
# G! K0 G: {3 f: o! R8 U" q"This powerful combination will sustain a market-leading pace of construction, sales and
$ h. r1 T$ |, oHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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