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http://ca.news.finance.yahoo.com ... drop-next-year.html7 c6 S" ^1 a$ e* u/ Y3 G
8 {, E( T# d) A8 T* P- eHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM+ {9 A2 A- B- y
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." n6 U* o3 g/ F. R) v
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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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% o( t! _ K1 J# M* H3 OThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices." X6 j5 I6 w5 i* r: {1 O. Z
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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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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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6 }! _3 I9 b: Y& `3 p2 lThe 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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