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http://ca.news.finance.yahoo.com ... drop-next-year.html$ h: v1 K5 ~* s) ?# T
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Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM' o3 v6 k" l# a6 Z
The Canadian Press
6 E. F- v5 q' J6 L; a$ s ~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., b4 ?' t, d0 a8 J' V
! T8 ]' ~8 p5 r0 g8 oThe 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." ?$ n! ~1 k( d1 V" C0 C
8 I: m, ~. j% [" P0 H# OThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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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.+ `0 @! W& g4 u6 P1 D. g2 a
5 Y$ r2 U4 B! 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., X. W' W3 q) h, a0 G& F, V
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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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