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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.$ `7 U/ j7 D* B/ V: }& ^) U" x
/ b4 l4 i( o0 Y: [7 [+ 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.2 E( ^2 c x5 |0 C6 ^4 W4 n
* T$ K3 F- }& e5 @; k"This powerful combination will sustain a market-leading pace of construction, sales and % a$ ]( @: V% S/ }' r7 Y- K; 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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