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Saturday, January 03, 2015

Bank Of Canada: Housing market overvalued, risky lending now a problem

The Bank of Canada says housing prices could be overvalued by as much as 30 per cent, but governor Stephen Poloz maintains the country's still-chugging real estate market is likely to stay on course for a soft landing.
http://www.huffingtonpost.ca/2014/12/10/bank-of-canada-risky-lending-overvalued-housing_n_6301894.html


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