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http://ca.news.finance.yahoo.com ... drop-next-year.html
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, T6 a8 X" L$ I ?8 L" {/ `Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM; k4 i0 k* d2 S4 Q3 L* |
The Canadian Press
/ m! i; W5 K+ ]Email StoryIM StoryPrintable View.By The Canadian Press2 D) D" R5 d/ N
! J* g5 ~5 i3 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.7 ~( k% s8 U% A8 C" b6 ?1 I
4 i4 b1 z$ D4 i- 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.
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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 N8 c5 ~, Y- F7 a" y
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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.
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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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