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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. V- D& y# G" `7 d% B8 d9 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.$ m! A& A7 S+ u6 v0 i
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"This powerful combination will sustain a market-leading pace of construction, sales and 7 w$ i. W! {% J! E% e2 w
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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