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Edmonton is still leading the house prices nationwide

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发表于 2007-3-8 17:26 | 显示全部楼层 |阅读模式
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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.  e& q' e; o8 L; O8 T

  e+ N1 r- }; X"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.
, C: z+ B# @: z4 r" w
) k, t- u; N+ Y8 P) G"This powerful combination will sustain a market-leading pace of construction, sales and
6 ^# J( _4 |& s3 F( z1 Q1 yHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary
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