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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.! K! N0 k, M( Z& d1 b
$ d+ q, ^- K: L4 n"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., D4 i t8 a0 G. z: v1 \! R# K
6 U8 f% [% ]+ |& P' @' f"This powerful combination will sustain a market-leading pace of construction, sales and 8 y: `2 ~- M& s: E4 S' y$ K
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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