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http://ca.news.finance.yahoo.com ... drop-next-year.html8 A- B4 Q2 x% x% ?# p. F
$ g6 M2 y8 u' {% g& VHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM* P$ e6 g( u0 Q4 k; A: X) f& R
The Canadian Press
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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% g+ T$ Q# Y
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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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The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.+ o& E a: X4 B/ ~1 o. q' X. A# b
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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., g) P! k; u+ R' A1 U ^- M
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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.8 p$ D8 p4 t+ K1 V$ _
* b6 H% U8 Y2 A. lThe 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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