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TD Bank Downgrades Canada's Housing Market Outlook

Original: TD Bank Just Downgraded Canada's Housing Market — Here's What It Means for Ontario

TD Bank has issued a downgrade on Canada's housing market, with particular attention on how the shift will affect Ontario, the country's largest and most expensive market. The move is drawing wide attention from homeowners, buyers and analysts weighing what it signals for prices, mortgage demand and market activity in the coming months.

Why now: Homebuyers and homeowners in Canada, especially Ontario, are anxious about what a major bank's downgrade means for house prices and borrowing costs.

TD BankCanadaOntario

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