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http://ca.news.finance.yahoo.com ... drop-next-year.html
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7 u+ N$ j" i2 XHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
7 k8 R! D5 E$ h. ~$ f3 Q; I3 XThe Canadian Press
1 u6 c7 S% s/ q _6 w5 A- KEmail StoryIM StoryPrintable View.By The Canadian Press8 q& g' [, s5 x8 f' o1 [5 b- B$ w
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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.) W* a2 L/ d. Z# k6 D9 H
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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. K2 q/ I9 @# W
0 o% \1 e- e- _' oThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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9 ^' \5 n8 |4 Z6 `" i/ pThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.$ U: G. b& a5 f; S1 C0 a
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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.3 p( G$ x: h4 A5 ]0 d
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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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