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http://ca.news.finance.yahoo.com ... drop-next-year.html
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, ~+ @( c; r" g% NHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
7 P& B/ t% }& h; s- aThe Canadian Press
; x" G8 [( n3 G5 YEmail StoryIM StoryPrintable View.By The Canadian Press8 H; s& X" P- Q* T
$ p8 K3 {+ | d( m6 ]OTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too.
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The new outlook is in accord with previous expectations, with the exception that TD now believes the slowdown from the current hot housing market to be sharper.4 |* H, C' S5 G
/ f( h: b, ] z! C/ PThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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( U# q4 W" M F1 S$ iThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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& } m9 O* J: q8 aTD says it had expected existing home prices next year to gain a modest 1.6 per cent, but now believes they will actually fall about 2.7 per cent on average.# R* |2 I& b2 Q' h D3 @' f$ q; i- k7 F5 s
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The bank says prices will drop next year in seven of Canada's 10 provinces, with the three prairie provinces breaking the trend. |
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发表于 2010-5-5 07:46
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