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Edmonton is still leading the house prices nationwide

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发表于 2007-3-8 17:26 | 显示全部楼层 |阅读模式
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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.; c$ v* B! @6 h2 I3 |7 U) L; K
" G; K; R. O+ E9 ?
"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.4 c, ^  D( u2 \8 ?. G/ n8 S) C/ O8 @

  n: `! N; Y1 k+ M) x) _6 l" ]"This powerful combination will sustain a market-leading pace of construction, sales and 1 `1 w# X  ^9 \; 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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