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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.9 v+ t7 o) |/ `8 @. g7 r" ]; U
5 k2 I9 H! [0 y6 o3 U, 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.% I$ b, a# Y5 q- P
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"This powerful combination will sustain a market-leading pace of construction, sales and 2 I- {- X" u9 `7 g2 q" ] A& Y
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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