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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.8 v3 [2 {* u' \' y) j6 E) T( ~& l
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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 W0 a" ]& Q9 E5 a) F5 ^/ M0 O
) s, s. o. i9 L"This powerful combination will sustain a market-leading pace of construction, sales and # w8 U' x3 ?( R4 G8 D2 E
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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