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Brokers may have been right all along in suggesting the government has simply been too aggressive in its efforts to slow down the real estate market.
The big banks have all weighed in on the housing market following CREA’s monthly report and finally there is consensus.
The Bank of Nova Scotia has reforecast its outlook on the Bank of Canada and now believes the bank will hold off on hiking its overnight rate until 2016.
Are housing markets heading toward a bubble scenario? If so, Canada's Finance Minister is ready and willing to step in.