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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.' j: t5 h" }% B3 c0 J2 c# J- v0 O' k
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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.. N; _' L: ]$ K) w+ p4 x
& G9 U2 {1 A' k, W2 O7 }"This powerful combination will sustain a market-leading pace of construction, sales and & i7 @& k) h1 S; E6 z( L# _/ W
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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