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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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$ o+ _* n8 M: M8 ~, O"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 } a3 P4 I. W( K0 V
& @1 f+ x" l9 F: o"This powerful combination will sustain a market-leading pace of construction, sales and
, p& @1 ]& ^+ W* m4 q( h6 xHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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