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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./ f3 B: N2 o. G# N( z2 L- b
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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.
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: ?( _1 z K) F1 P; f0 {! A# u6 T"This powerful combination will sustain a market-leading pace of construction, sales and & {4 p# A+ x9 A/ n
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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