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http://ca.news.finance.yahoo.com ... drop-next-year.html
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Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
2 n; B5 u' _, L2 N) ]7 z: r! YThe Canadian Press
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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.; I& M$ U, Z* l( E6 I$ `
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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.* D3 m6 o3 i! E \: e
9 {! o- p9 \+ Z5 [The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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- e$ I' M5 f0 R. M. u1 qThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.9 g ~, ?+ P3 u1 p/ x6 l G& J6 _/ r
9 Y! s5 T- k# \/ r7 M1 }* 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.3 h4 H Z* R0 S9 M- _$ t
. U8 @6 h; `& } K2 z% |5 ^. {; r' ZThe 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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