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http://ca.news.finance.yahoo.com ... drop-next-year.html
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9 ?- {6 ^% ^4 |/ X i: _Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
' J. V% F7 R* q" ~$ r( cThe Canadian Press
6 b# a7 {' N; `( [8 T/ j' D4 n' FEmail StoryIM StoryPrintable View.By The Canadian Press
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# }' ^2 }2 A0 h4 Y& M* y3 tOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too." }' J0 [5 k4 v
+ D" Z: V5 i0 I. @2 b* [& wThe 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.# z9 X' I9 M1 k. V9 y8 W1 d j7 o
' {. z& C- U. H, a% S9 F& H6 `The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.6 u g. [' @( t k
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The first half of this year has been hotter than expected, and the second half will be cooler, the bank says.7 k' Z+ Q6 p7 `% z3 E; _6 [
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TD 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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