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http://ca.news.finance.yahoo.com ... drop-next-year.html' [) `; d# c; J7 q9 K2 l
! k" z7 @7 D: \& SHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
4 q4 Z% i* V8 jThe Canadian Press
, ]/ I% J( N0 |4 L: \Email StoryIM StoryPrintable View.By The Canadian Press
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" D5 M4 d; S. h: z( z/ m: y, y0 BOTTAWA - 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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; c+ x2 U% E, DThe 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.# k. ^. v% j/ T) m3 U
. L0 F3 ~# s- Y3 f( i/ U9 s, x6 mThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.. e q9 u3 t7 v3 P5 F/ N+ j" a& x$ c
/ R( i, |; X8 k& G5 |The first half of this year has been hotter than expected, and the second half will be cooler, the bank says.5 ]! p! b9 ~+ Q% R6 `
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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.8 e! n" a3 i3 H
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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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