Housing Rebound Could Build 500,000 Jobs in 2013
April 11 (Bloomberg) -- In today's "Bloomberg Big Number," Betty Liu reports that the rebound in U.S. housing is seen adding 500,000 new jobs to the economy this year. She speaks on Bloomberg Television's "In The Loop."
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CIBC's Tal: We Need to Monitor Subprime Loans in Canada
46:46 - According to the latest report from CMHC, condo building activity in Toronto appears to be "well managed," unlike the 1980s housing bubble. Yet, BOC Governor Stephen Poloz recently addressed the pace of rising home prices in Canada's two hottest markets - Toronto and Vancouver. Benjamin Tal, deputy chief economist at CIBC World Markets, joins Bloomberg TV Canada's Amanda Lang to discuss the current state of the Canadian housing market, where it's headed and what measures need to be taken to "cool" foreign buyers. (Source: Bloomberg)