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http://ca.news.finance.yahoo.com ... drop-next-year.html
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- K: R! X" _1 J' D+ s' xHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM: c- V0 K: d1 ^7 w9 `; x! O
The Canadian Press ) e ^2 |/ h2 h8 s/ n
Email StoryIM StoryPrintable View.By The Canadian Press( W5 m- f4 U6 m! U3 O
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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." B2 V9 \6 }1 g! o1 `
- L: G+ v V, O4 K4 a# k) B2 SThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.5 ]+ Q) ]* ~3 E5 q! D) D- I
5 F! Z8 ], U/ j6 k$ w, S/ A8 RThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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* [6 z9 g3 v2 e9 X" T( fTD 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.8 w* z6 m4 N8 e- \* t2 k# r" S
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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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