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http://ca.news.finance.yahoo.com ... drop-next-year.html2 |6 q+ u7 a7 J& ]. L
3 W8 H: v5 ]$ k/ M4 q3 {Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM1 k2 t$ @) h$ {! D
The Canadian Press 4 Z0 \4 Z2 c6 j& o1 M
Email StoryIM StoryPrintable View.By The Canadian Press' m$ Z; G* f7 l% ^0 U$ h! u
% y8 d8 ~2 o& VOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too.- z: V1 g: s( M" x5 E5 T
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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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% ~& l7 N2 I1 p2 w& X" tThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices./ F; d2 F) u+ w( d
2 t6 A$ J$ Q6 ^! D4 b$ [The first half of this year has been hotter than expected, and the second half will be cooler, the bank says.3 c2 Z( P/ ]6 [2 U( j3 z
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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.4 w2 ]' [0 |1 q# a
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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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