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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.2 L8 J: ]/ V5 q& B# i5 O
4 Z$ F4 m. V2 K9 r"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.; o: S) y6 V! U$ L8 c9 M* {( k+ [
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"This powerful combination will sustain a market-leading pace of construction, sales and $ Z: i* S. [$ C, 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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