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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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8 ^, ]& [1 G7 z# Q"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 L0 d# Y4 |& I2 t8 N3 B. w- L; i4 f"This powerful combination will sustain a market-leading pace of construction, sales and
8 E# z9 ~: e! w+ 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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