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http://ca.news.finance.yahoo.com ... drop-next-year.html
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. C' U* [; U" `: F r/ k# ]+ u% sHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
3 H5 u& [2 D- {4 C6 t4 rThe Canadian Press 2 q; g* w+ c# p" w2 c- p
Email StoryIM StoryPrintable View.By The Canadian Press' [) O8 \; [4 A- @
- G0 y% Y" k9 @4 i- a) }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.9 T/ z5 U- z' ]: v, I* z/ y
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The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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7 G: `7 g/ N. O; L! a# g5 hThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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7 A$ a u5 O; B" _# J) XTD 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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