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Real estate sector set to cool: RBC

BNN.ca staff
4:25 PM, E.T. | July 21, 2011
Real Estate
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Real estate sector set to cool: RBC

The blistering pace of price gains in Canada’s real estate sector may be coming to an end, according to a new report by RBC. Robert Hogue, Senior Economist at RBC and author of the report, tells BNN that a higher interest rate environment will help cool the real estate sector in the coming years.
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