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Don’t expect Canada’s housing market to have U.S.-style meltdown

Posted on 22 October 2012

Canada’s housing market is faltering just as the U.S. market roars back to life. This sudden reversal of the narrative that has prevailed since the U.S. housing bust in 2006 is about to make Mark Carney’s interest rate juggling act much trickier.
The Bank of Canada’s next rate-setting announcement is Tuesday, followed by the monetary policy report Wednesday………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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