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TD says economy going through a 'soft patch'
Sep 18, 2012 — The TD Bank says Canada's economy is going through a soft patch and the growth rate for the rest of the year will come in below two per cent. The bank blames global turbulence for most of the weakness, but adds that fatigued Canadian households, a correction in the housing market led by the sharp downturn in Vancouver, and deficit-cutting governments are also factors.
Sep 18, 2012 — The TD Bank says Canada's economy is going through a soft patch and the growth rate for the rest of the year will come in below two per cent. The bank blames global turbulence for most of the weakness, but adds that fatigued Canadian households, a correction in the housing market led by the sharp downturn in Vancouver, and deficit-cutting governments are also factors.
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Price of detached homes soars despite downturn
Sep 18, 2012 — Home sales may be tanking across much of the country, but the price of coveted detached homes in the City of Toronto continues to soar, with the average cost exceeding $800,000 for the first time. The price of the average detached home was up 17 per cent in mid September over the same time last year, hitting $805,308, according to midmonth figures from the Toronto Real Estate Board.
Sep 18, 2012 — Home sales may be tanking across much of the country, but the price of coveted detached homes in the City of Toronto continues to soar, with the average cost exceeding $800,000 for the first time. The price of the average detached home was up 17 per cent in mid September over the same time last year, hitting $805,308, according to midmonth figures from the Toronto Real Estate Board.
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Home sales growth leads nation
Sep 18, 2012 — Calgary's resale housing market is taking a far more positive path than most in Canada. The city last month recorded the highest annual rate of sales growth among major centres and the country's best price increases, according to the Canadian Real Estate Association.
Housing correction 'appears to be under way'Sep 18, 2012 — Calgary's resale housing market is taking a far more positive path than most in Canada. The city last month recorded the highest annual rate of sales growth among major centres and the country's best price increases, according to the Canadian Real Estate Association.
Sep 18, 2012 — A correction in Canada's housing market "appears to be under way," led by Vancouver but destined to spread after the government's new mortgage restrictions, Toronto-Dominion Bank warns today
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