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17 October 2010
Homebuilders’ Economist Paints Positive Housing Picture; Hawkish on Rate Hikes
Canadian Homebuilders’ Association economist paints a “positive picture” for economy and housing markets into 2011, yet remains one of the few hawks forecasting further near-term increases in the Bank of Canada’s lending rate.
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16 October 2010
Low Rates on Construction Loans and New Mortgages Aid Economic Growth
Continuing low interest rates on construction loans and new home mortgages which are likely to continue well into 2011, are amongst factors boosting economic growth; while stable new home prices are signs of a recovering housing market.
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