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Housing starts fell in July: CMHC O1 U2 m# e2 h: `* i
(CP) – 41 minutes ago, Y/ \' @0 o$ H2 y4 v
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.1 w; g. c9 J9 I! L1 @7 B- O
Housing 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.7 [# c: a' K/ j' K' S# l4 S
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
( O8 M& o8 d; ^4 i9 U"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.
4 O3 k. a- p2 fThe 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 B& v5 x( O" _ M
Housing 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.
6 r' H' {# E7 g6 H6 P, y) IThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
1 _" \7 y: A- y' ^It forecast 160,250 starts this year and about 163,350 for 2010.
: G: Y* l- P. ^( \: OUrban 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. }: @* Q* d. k, C
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
& |0 c2 A$ C0 Q% M+ DStarts 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
