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http://ca.news.finance.yahoo.com ... drop-next-year.html
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+ l z, o2 G. rHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
# ?+ n2 n. i( K& UThe Canadian Press , o- I6 @0 C4 S! F4 t
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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* `" ] P2 D: ]; q5 @6 PThe 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/ \& U' i8 w' `
5 R+ ]% F* _/ \The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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4 I D* @$ p) n- u; Z kThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.3 M8 w ~2 o1 e6 z7 Y! U8 ~
# ?5 B) u4 [# F$ E1 C* P+ E! lTD 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.1 g% `3 q7 ~. o
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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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