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http://ca.news.finance.yahoo.com ... drop-next-year.html
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/ \' N6 Q* j9 V1 @Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
0 h( I& S) u$ d$ H9 LThe Canadian Press ) S7 e& X0 F! W$ T7 i7 _/ L
Email StoryIM StoryPrintable View.By The Canadian Press
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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.
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8 _$ Q5 {# v# N* n/ x3 {6 N& uThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.7 Z }, {% o2 Y8 B- B
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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.
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& i. w& }% f3 L. G8 J5 JTD 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.5 I3 |" k) l3 y3 u! r4 k; [
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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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