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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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, _8 H# K( r! Q$ n) `"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." e8 {! o6 M# d2 L4 C
1 G- ~) g2 \( K" J' T% l( J$ ["This powerful combination will sustain a market-leading pace of construction, sales and
7 D/ n9 S% v7 E8 F- ^3 zHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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