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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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) P4 [8 ?$ {& h& {' T2 |3 f3 k6 O2 R"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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"This powerful combination will sustain a market-leading pace of construction, sales and 0 \- E5 U6 [( g4 R: D5 s" m7 |
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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