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Bank of Canada backs off housing bubble talk

Tuesday, January 19, 2010

The Bank of Canada backed away Monday from its recent warnings about a real estate bubble in Canada.
In a speech in Edmonton, bank official David Wolf ruled out increasing interest rates to discourage mortgage lending.
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"I was referred to Paul from a good friend who worked with him in the sale of her condo in Toronto. After meeting with Paul, I was really impressed by his professionalism, humour and raw honesty. Paul came prepared to each meeting and gave a lot of advice on staging and "to do's" before listing my property and to ensure it was ready for video and photos. I am a believer that the video and photos were critical to my listing, and was totally worth rescheduling and reconfirming due to weather! In the end, Paul placed my property in a multiple offer scenario and we sold over asking in less than one week.
Once the deal was firm, we began the search for a new property. Paul was great in dealing with my busy schedule and sharing his advice on the properties we viewed, always listing the pro's, con's and resale in mind. We endured a very long and drawn out offer/sign back process (upwards of 6 sign backs with an extremely unprofessional Listing agent) that was exhausting and at no point did he ever show his frustration, even when the deal went flat. In the end, we did find the perfect property and this time it was seamless and we were able to avoid the multiple offer scenario through his smooth negotiations.

I have already referred Paul to a colleague and would have no problem referring others. Overall, a great experience!"
~ Sou Choi