No price bubble in sight, Bank of Canada says


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Blog by Ottawa Real Estate | Ottawa Homes for Sale | Ottawa Relocation | January 12th, 2010


It is "premature" to talk about a bubble in the country's housing market, says a top Bank of Canada

official.

"Recent house price increases do not appear to be out of line with the underlying supply-demand

fundamentals," David Wolf, an adviser to governor Mark Carney, said in a speech.

No Price Bubble.pdf