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http://ca.news.finance.yahoo.com ... drop-next-year.html( C" \3 d1 i& r z4 C
, d- t& Q+ A" n" S" THot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
- D, C, k, {: v$ Z- z2 k# ]The Canadian Press : Y/ b, }- g- k& z/ N8 ?) e
Email StoryIM StoryPrintable View.By The Canadian Press( ?3 D$ n; E5 d
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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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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.4 d, h4 K$ A, Z j# \
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The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.* ~6 q$ Q) p% a0 D$ M- M
5 C# f) F: X* VThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.! q& A* z' {- k8 @
4 d7 V' ~4 I$ v' FTD 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.
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( j( G; |& S9 E5 g. T2 pThe 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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