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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.$ Z F m7 o1 X( j
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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.9 L2 z+ t5 D# q; C9 W2 Q
* n0 m+ | _6 S& [- R# ^ I* g"This powerful combination will sustain a market-leading pace of construction, sales and 2 @- y A: Y; }+ [
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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