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http://ca.news.finance.yahoo.com ... drop-next-year.html
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Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
" t+ C `8 u8 iThe Canadian Press
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8 a% P9 L' T) @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.
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6 C8 p4 Y1 }) t- a$ `" R7 s. L+ g. _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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9 H. @$ D. p' e/ m$ P. b, w! d& CThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.+ D; @: s" J* i' j! j
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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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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.* g# P b. o# [* \9 I* 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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