22 November 2013
22 November 2013
Steven Poloz doesn’t see a housing bubble and doesn’t have any reason to hike interest rates.
This Thursday the Governor of the Bank of Canada, Stephen Poloz said that all worries about a housing bubble are mostly unfounded and Canadian real estatemarket is expected to show a soft landing.
“In our opinion, the situation at the housing marketis improving, and we can’t see any bubble that needs correction,” – Mr. Poloz noted…