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Its stock is up 87.1% over the last 12 months. I do not see truckloads of lumber headed for the new housing tracts. Nor do I hear construction workers celebrating about all the work they have. I.
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TORONTO(Reuters) – Toronto, Canada’s largest city and one of the world’s hottest property markets, has a supply problem and the nation’s housing agency admits it is not quite sure why soaring prices.
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