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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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* P6 s- H; W9 \3 Q( T$ s"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. A6 i) O" P- `! q2 K, ~- H, Q
" x% y( ?6 \* w$ G# k6 {0 O+ A% C"This powerful combination will sustain a market-leading pace of construction, sales and
; F( d7 p0 N% U7 D8 H6 G8 M+ cHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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