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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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"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.. k1 u# v- m8 I- X8 B% s5 h3 i2 R+ b
) p7 o$ U1 A! ]"This powerful combination will sustain a market-leading pace of construction, sales and " g# H- Y i! u* z0 w% @; d
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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