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http://ca.news.finance.yahoo.com ... drop-next-year.html
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- X& }8 f" a U' m) z3 b! {. {. QHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM- U8 Q( q! N: L0 N0 O9 q
The Canadian Press
+ }" Z3 {8 b) ZEmail StoryIM StoryPrintable View.By The Canadian Press- t @- }- V, V9 O6 ~4 D" C
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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.5 x% k; q- l8 K* H5 \) y* w
! s" s# ^, w0 |/ {8 a7 uThe 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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The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.1 A1 m0 {7 |8 ]
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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.3 H+ D. f: h; M" l
1 J; i4 b: {6 |6 {. l0 c e W. wTD 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.% G7 C, e. s) k* ^9 T
2 j$ b* L: Q) x7 Y5 u4 h) C: UThe 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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