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http://ca.news.finance.yahoo.com ... drop-next-year.html
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Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM/ @( C+ z1 s s/ E6 p
The 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.$ J# D9 I- J, T1 V* n7 S8 l
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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.5 O: b4 T2 w) I4 I" s% g
1 X# N/ p/ n; x- U' xThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.3 Q N, ]# Q9 A. v& g% r3 V$ P% a
8 Q/ M5 K* t0 ?& Z, jThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.4 x( U+ n/ d3 I4 k- @$ G5 M
: |2 k- \1 L6 g# K: `6 v8 @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.& @" N- R2 r5 e5 L! v" D% R' ]
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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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