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http://ca.news.finance.yahoo.com ... drop-next-year.html5 n- i) N& \& E6 z' Z% b3 K
+ t1 ^; T8 p: ?. SHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
# C1 E# M/ _% ^7 J7 N7 AThe 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.4 n. L, W8 u7 Z: F1 G* [3 j" \
! v3 a, ^8 K- N6 S, n3 Q7 ?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.- H, z. r. v: t7 v; Z1 ^5 Z: p
I2 E8 j7 U5 }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.3 Y( |4 @) T$ @3 {& A1 z, i
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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.' c- M o3 c5 G1 @( ]( a5 E" k
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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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