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http://ca.news.finance.yahoo.com ... drop-next-year.html6 o3 m3 G7 v9 J2 C1 h: Y
+ ?# p3 k' p! \- w% `7 c" FHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
1 y: H0 c. B6 c7 [ QThe Canadian Press
`3 T) j8 ~0 V/ i+ C- Z0 GEmail StoryIM StoryPrintable View.By The Canadian Press0 |0 G9 b; I# n9 p$ h& I, i
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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.: V- S9 C3 E3 O8 M4 O% u
; C; z' @; n. y' ?% H; y) oThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.$ K5 q' i7 V0 G5 ]# \6 F
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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.
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l k# N E& G" F4 OThe 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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