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http://ca.news.finance.yahoo.com ... drop-next-year.html
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7 n2 }' y+ {7 i1 JHot housing market to cool, prices will drop next year, TD Bank saysWed May 5, 10:18 AM
1 x2 {; L5 ~$ _: e: [/ T$ }The Canadian Press 8 |5 ~) p3 y9 {1 ?7 D6 g i
Email StoryIM StoryPrintable View.By 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.
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5 x+ H& k* @: H* I" ?3 ?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.: z9 T+ Y" G o, [& E' ~" s
5 ^0 q o# A& Z/ P. ^2 XThe bank says with home construction stronger than expected, the added supply will soon begin affecting prices.- G4 `* S# r" Z, }3 A0 L r1 D0 ^
4 q$ Z3 E8 D7 H, t$ mThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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# G* ^. M6 Q2 v! W+ rTD 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./ p; v8 M9 k% N1 i+ p% X
; n8 k, [: r7 u' ?4 P( xThe 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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