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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.( I0 m1 U% D) ~& ~
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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.' C$ k: ~6 S6 p4 I6 e: U/ {; W
# e# n- z$ S; H5 V; P$ {7 y"This powerful combination will sustain a market-leading pace of construction, sales and
7 Z: h+ F& e4 c9 k( g+ a# mHousing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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