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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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: Y6 X0 v0 m* ^& c"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.$ n( c! @7 [" Y) g+ Y: V: h
1 t% _) @2 g/ g" T" J"This powerful combination will sustain a market-leading pace of construction, sales and
, m! o8 g" T/ h' S# _7 S _7 FHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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