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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.1 A1 r8 ~3 W: V A1 O5 q
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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./ z5 F; ], N9 g' w/ @3 l) M! q. X
4 F: s" k+ _1 ?4 p, H8 h"This powerful combination will sustain a market-leading pace of construction, sales and $ v- K4 [- ]+ p* Y2 `( Z7 Z# S6 C
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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