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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.( g9 H/ n; d9 G; I+ v
& X3 Y7 D3 r; y6 ~% T3 e& r2 M"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 `! x; x2 U" g) E5 N, m! SHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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