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Cooling measures likely as Canada home prices keep heading north

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While Canada avoided the worst of the housing crash that hit the US a decade ago, home prices have nearly doubled since, raising worries consumers are at risk if prices drop.

Ottawa

LOW borrowing costs and hot demand in key urban centres will keep pushing Canadian house prices higher this year, a Reuters poll showed, pressuring policymakers to take further steps to rein in a market that more specialists are calling a bubble.

Most economists polled said

sentifi.com

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