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http://ca.news.finance.yahoo.com ... drop-next-year.html
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, ]( Z$ f& Q( sHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
` I# p- b' y8 h4 n* j. O1 uThe 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.* G' G0 H0 _5 d0 U4 M9 A# `) N1 p
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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.
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The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.# R3 ~3 V, ?) _6 p
~4 V% J0 A4 }The first half of this year has been hotter than expected, and the second half will be cooler, the bank says.% z8 I' @; N1 G* U) P* V, J
" n0 o- J1 P3 }& Q% }; m% eTD 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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& B- R } T4 W& N$ |% lThe 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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