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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.( L9 C. @, C5 ?3 U9 L+ Q
/ Z" o% P! D) @7 d"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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8 [9 D: [: u3 @"This powerful combination will sustain a market-leading pace of construction, sales and - t1 D% G H1 u6 C, z* n9 e1 G/ L
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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