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	Podcast:		Bloomberg Benchmark
	Episode:		You Just Missed Your Chance to Get Rich on Toronto Real Estate
	Category:		Business
	Duration:		00:19:04
	Publish Date:		2017-07-13 05:00:00
	Description:		Home prices in Canada's largest city have been on a tear. But the party could be on the verge of ending, at least temporarily. The Bank of Canada's decision this week to raise interest rates -- the first hike in seven years -- makes mortgages more expensive. A string of government tightening measures and a liquidity crunch at a Toronto mortgage lender are adding to concerns a price correction is around the corner. This week on Benchmark, Dan, Chris Fournier and Katia Dmitrieva speak to Phil Soper, chief executive officer at Royal LePage, a unit of Brookfield Real Estate Services, about what the latest developments mean for Toronto housing.
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