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Edmonton is still leading the house prices nationwide

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发表于 2007-3-8 17:26 | 显示全部楼层 |阅读模式
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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 K# c% d3 r# Q1 v5 y9 P* I1 Z

; O8 o/ V" s: O" v9 A* v"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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6 _$ b9 N6 M& Z7 N"This powerful combination will sustain a market-leading pace of construction, sales and
) l! \6 P" L# o# @- P; U9 a, lHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary
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