| Toronto and Vancouver home prices will probably experience a downturn of about 15 per cent in two to three years, but not the dramatic drop that hit the United States a few years ago, according to a report by the Toronto-Dominion banking group.
TD said Monday the 15 per cent decline in Canada’s two most expensive cities is likely in a few years but it will be gradual, rather than the sudden drop of 30 per cent seen in the U.S. real estate market after it peaked in late 2007...............................................Full Article: Source
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