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http://ca.news.finance.yahoo.com ... drop-next-year.html" C5 o, \- _' J+ E9 i- L
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Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
2 {; F9 Z$ L3 V: D+ EThe Canadian Press 2 ]5 G# \! @( ]6 n& A& z9 ?
Email StoryIM StoryPrintable View.By The Canadian Press
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: ?, \# t; N$ i# w! z/ nOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too.1 R+ I5 Q1 q7 I+ G/ h) L9 z
" r! A9 z6 P- U9 iThe 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.& O& R/ p+ D& y! b
: _( w# u O6 M3 eThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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The first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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TD 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." i5 Q3 u/ R) j) C' l7 ]
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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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