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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.. ]( P; w2 f5 w1 G# W
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"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.9 H- \2 x, Q1 g6 h m8 R
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"This powerful combination will sustain a market-leading pace of construction, sales and ) I8 {/ x w# `7 \( {; w! l6 O
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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