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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 ^! J1 T* k u/ k
+ |6 c8 w# ^* G5 ?) y"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.
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3 m3 F3 M: }4 j. ^- Z- q1 |3 Q1 V"This powerful combination will sustain a market-leading pace of construction, sales and * d5 u: D5 e w, C# C
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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