14.06.2012 - Canadian real estate posing risks to economy, OECD says
Canada’s growing household indebtedness and rising real-estate prices are posing risks to the world’s 10th-largest economy that may require additional measures to rein in the market, the Organization for Economic Cooperation and Development said. The Paris-based group of developed nations, in a report on Canada released today in Ottawa, said there are signs of “imbalances” in the Vancouver and Toronto real-estate markets as well as the condominium segment...............................................Full Article: Source
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