4 de mayo de 2017 / 21:17 / en 7 meses

Bank of Canada says rising housing prices in Toronto unsustainable

MEXICO CITY, May 4 (Reuters) - Bank of Canada Governor Stephen Poloz said Thursday that rising housing prices in Toronto are driven in part by speculation and are not sustainable.

In a speech to business leaders in Mexico, Poloz added that he hopes that macro-prudential rules that the government has put in place will help to calm the housing market. (Reporting by Anthony Esposito)

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