 鲜花( 0)  鸡蛋( 0)
|
http://ca.news.finance.yahoo.com ... drop-next-year.html
6 v/ e. l0 G! a s. S8 ^- ]% b+ I; Y' j' \' y
Hot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
& x5 |" J) U( W: I' o$ z0 xThe Canadian Press 8 _2 w& Z: \7 Z0 d
Email StoryIM StoryPrintable View.By The Canadian Press
) P" n. R0 K/ w& `& C7 o6 P
5 V8 a9 c& ^% A# r7 f/ xOTTAWA - The TD Bank says home sales will be significantly lower in the second half of this year and next — and prices are dropping too.
' a+ u5 c" Y6 w0 a( [, l
8 K0 H6 Z! ~' p6 `$ aThe 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 V! N- H' D; J N( n& n: B$ T$ H' `
: I1 a, Q& T7 Y; T. w, WThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices. i9 n5 F8 p6 x# W2 o1 h7 B( P Q
: J6 m! |1 D- J' K8 z8 b. @9 iThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
( e; }: T% b/ }
" U9 ?9 D# j% i+ P8 t; ~ u% NTD 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., @* F2 D2 n6 \( h! y6 `
/ Y" D9 X9 w* U) A; vThe bank says prices will drop next year in seven of Canada's 10 provinces, with the three prairie provinces breaking the trend. |
|