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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$ w# k+ _1 S9 Y9 g" A w
The Canadian Press 1 @9 e- ?! \" q$ B: B( ~) R; N
Email StoryIM StoryPrintable View.By The Canadian Press
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. j+ V& d# c* Q; U7 e- ^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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9 s3 l- ^4 u, ?$ r' K3 {; c$ {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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* n, e j3 Z( {; C; O! V7 V7 |The bank says with home construction stronger than expected, the added supply will soon begin affecting prices.- d) N1 @" b/ O$ L6 U) A8 B
" _1 k' ]! T: g* X' DThe first half of this year has been hotter than expected, and the second half will be cooler, the bank says.
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2 Y4 p7 t" N: ]7 M2 \. n- H5 }4 Q$ H! v5 dTD 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./ k0 ]5 h0 W7 n, p
8 V3 e6 R1 Z7 k% a% ?- aThe 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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