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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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% w s; k1 }" b! p( M' }* }: b; G"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.4 |. M) m$ b5 N6 m2 e0 w% {
5 n; I5 x( J8 |* h5 H1 c- S"This powerful combination will sustain a market-leading pace of construction, sales and : @% m- p. |% k5 W' J$ Q
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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