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http://ca.news.finance.yahoo.com ... drop-next-year.html, e5 C4 f& K8 a v5 o9 b0 S
I: c, \0 i1 U# p; F; N/ W7 y( OHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM+ ^4 d* h: Y2 J
The Canadian Press
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" K" l6 V2 Q4 d6 x5 L! DOTTAWA - 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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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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0 v3 h8 x$ y' b+ _ PThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.
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% O' z5 a% ^1 C1 kThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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y7 l y% e6 J( \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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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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