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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 AM2 W- t6 a, K8 t; Z
The Canadian Press 4 D0 n$ e" |2 B+ c8 r
Email StoryIM StoryPrintable View.By The Canadian Press
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" u! W' Q, W$ @* p6 j7 @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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) m/ ]! H4 d' q* H. RThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.3 d4 V- j2 L! d f( [! C* `& Y
: f5 a! o! n. i8 s0 I( B2 {) HThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says./ \0 A% ]- n) I/ G d
. W6 ~) K) C- J0 HTD 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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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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