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Housing starts fell in July: CMHC k/ ~, G! ?9 b! X
(CP) – 41 minutes ago- Y$ w+ C1 U4 w/ |2 x! p
OTTAWA — Housing starts declined last month from where they were in June but are expected to rise later this year, Canada Mortgage and Housing Corp. said Tuesday.
7 Y* d7 T$ ?7 S GHousing starts fell to 132,100 units in July from 137,800 units in June, on a seasonally adjusted annual rate, mostly because of the multiple-units segment that includes condos and apartment buildings.2 h/ d8 T- O2 i" G
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.5 b3 D$ G& a$ w4 w; P2 \1 E" M& i
"Although July registered a decline, housing starts are expected to improve throughout 2009," said Bob Dugan, chief economist at the corporation's market analysis centre.* N5 ^ {6 p% D- l1 n" I
The agency predicted that over the next several years housing starts will gradually become more closely aligned to demographic demand, which is currently estimated at about 175,000 units per year.
6 Q3 t2 c8 G9 S4 NHousing starts this year are down sharply from 2008 and 2007, when builders and buyers responded to a strong economy, low interest rates and years of pent-up demand.+ [) ]# P* D' @! s! c6 c4 m
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
6 o1 z T0 `5 M3 c6 j/ g) WIt forecast 160,250 starts this year and about 163,350 for 2010.
( _5 O' c: Q4 s3 @8 V" t( I- ~Urban starts on a seasonally adjusted basis fell 5.5 per cent in July to 113,500 units, with multiple starts down nine per cent and singles off 1.1 per cent.. H2 l9 @) V X: }# |& A; ?
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units., \* e+ d& y! P
Starts in Quebec rose 16.6 per cent in July, while they fell in other regions, including a 15-per-cent drop in Ontario. |
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发表于 2009-8-11 07:07
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发表于 2009-8-11 07:13
