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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.! O* ^; C; p6 c0 X/ w' R
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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.1 C) O6 A/ I) h# j" W( B
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"This powerful combination will sustain a market-leading pace of construction, sales and / v. e' e- v# g- 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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