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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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) A1 t. V$ h1 }! Z' ["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.
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0 H- T, g+ [# [7 p, o"This powerful combination will sustain a market-leading pace of construction, sales and $ k e) t8 ?/ W5 a0 M/ ]
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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