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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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+ X9 [3 h; E; d"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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# l% p- J$ I5 w' D3 g% X+ h% p"This powerful combination will sustain a market-leading pace of construction, sales and + S% X0 ?7 e( b: E% ?% Q
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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