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Home Capital says Canada’s housing market strong

Posted on 06 August 2010

From Dow Jones: Canada’s housing market is still vibrant, Canadian mortgage lender Home Capital Group Inc. said Thursday. “The pessimists say the housing market is all dried up,” said Chief Executive Gerald Soloway on an earnings conference call. But the company reported record originations of C$2.01 billion in the second quarter, up 57% from the same quarter last year.
“We’re going to continue to see a very healthy housing market,” Soloway added……………………………………….Full Article: Source

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