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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.8 ]* u3 s5 F' ~; O4 \# C4 ]
- V. R M) D6 B- `"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./ Q& }9 u; D, g1 B0 k5 H6 U
- ~' `& r( K' h4 f9 s1 _"This powerful combination will sustain a market-leading pace of construction, sales and 0 z9 E& C7 g9 {1 E. S/ L. `
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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