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http://ca.news.finance.yahoo.com ... drop-next-year.html
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! M7 W. V1 Y0 mHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
9 R& ^6 H9 f$ ]- |& C" ?# l# b2 AThe Canadian Press
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( x" z. K) \; S$ R% H# LOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too.4 q7 K, v# ?0 s, R/ ]% \- u" [
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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.8 [( i* \/ q! X3 u
. h. ^# e8 @9 }1 r, tThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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( L: _: [5 S7 O# d2 J$ AThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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. V# R0 g" q& r6 U- ]) JTD 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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