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Montreal’s hot real estate market continues to cool

Posted on 07 September 2011

Montreal mortgage brokers worried that home prices were growing too fast for clients to keep pace can stop wringing their hands, with new numbers suggesting their hot market is starting to cool.
“Though Montreal’s 12-month inflation was the second highest of the six markets,” reads the August report from the Teranet – National Bank National Composite House Price Index, “it decelerated in June for a third straight month.”………………………………………Full Article: Source


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