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http://ca.news.finance.yahoo.com ... drop-next-year.html5 A( x# Z' w, L1 J8 ]2 D
7 n% v$ P2 n4 d1 |4 i; k. M4 rHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM& t, g6 r6 R5 `0 r$ F) |* e
The Canadian Press
, J3 U% H. Z+ `# V8 K9 K2 n+ j; JEmail StoryIM StoryPrintable View.By The Canadian Press
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# E0 r9 h3 h4 N9 \$ N V9 @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.
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# F0 \1 G/ \7 |9 g# nThe 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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; v/ p5 d7 i. W3 H4 ]" W3 C# cTD 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.
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9 e7 I0 b& \& O" EThe 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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