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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./ E# i8 N" R0 ]/ `) U) h+ J7 x \
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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.' ~* Z' ?! l& O2 A. M
; Y3 Q! A4 A! p) F+ W% o0 Z7 K"This powerful combination will sustain a market-leading pace of construction, sales and
5 _: u! A% Q' D& V' D$ }/ S" \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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