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http://ca.news.finance.yahoo.com ... drop-next-year.html6 l$ v s- Z) ?9 g4 }
! ~, A& X2 f- F5 u1 D$ i9 ~Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
F$ |* V* N* ZThe Canadian Press
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; i: p [& d% K+ J0 mOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too.- R* R( U7 S- R+ O; b
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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.
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2 v4 F5 s w/ D; Z. KThe 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.- X2 Y' Z% C$ V
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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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% E; }9 Z: W( n5 s1 w" B: VThe 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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