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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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x" k% S6 S8 E# F+ L"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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@+ D7 L% U& o3 V1 d! C"This powerful combination will sustain a market-leading pace of construction, sales and , C( X# T, S) ]5 C! u; @- n
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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