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http://ca.news.finance.yahoo.com ... drop-next-year.html
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, N/ e6 I3 K) }3 VHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM2 _# v8 \( ^; D+ x, T$ o
The Canadian Press ; T9 c& [" P9 m- u3 V. \" I
Email StoryIM StoryPrintable View.By The Canadian Press
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. }. F7 B- o' Z O7 j1 t( g& ^: DOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too. s3 ]' N5 G+ ?- o
' }' b X8 i. HThe 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.1 C! e4 Z/ w! [ @/ V! Z& `4 z7 Z4 o
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The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.8 A: v/ M: d" o4 z9 C
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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.
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# A% s$ F& Q" z# `% X2 |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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% S3 E7 l& I$ U0 uThe 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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