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http://ca.news.finance.yahoo.com ... drop-next-year.html: [: ]3 U: J' E, q% K" @9 a8 L0 x
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Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
( n i5 c. l. O& Y) pThe Canadian Press
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1 V) j4 K5 _1 l9 k i! xOTTAWA - 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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3 _5 ?: g! }2 q8 o: Q9 e: i' r1 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.) w* Z2 M' d; Y1 |
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The 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.5 u4 }7 {, n* G, [8 b r
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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." h! a9 a8 k' k1 g: v4 `
% N8 k2 W; _8 g; a# O. M9 a/ C4 e4 fThe 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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