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BoC sounds the alarm over market imbalance – sort of

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Canadian Realestate Magazine | 11 Dec 2014, 11:07 AM Agree 0
While the Bank of Canada said it’s worried about a potentially overvalued housing market, the country is not about to host the kind of crash that plagued many cities in the United States.
  • Maxy | 18 Dec 2014, 12:53 AM Agree 0
    Any time the BoC weighs in on Real Estate situation, the Banks opinion must be taken seriously as cautiously muted as it was. BoC is not in the business of speculation like some speculators with vested interest in market fluctuation. One can only hope that BoC concerns does not materialize and that if it does happen, may it be a soft landing correction instead of a crash. A crash will definitely result in a lose-lose situation for sellers, buyers, Realtors® and for the economy in general.
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