 鲜花( 1)  鸡蛋( 0)
|
EDMONTON – Housing starts fell again in the Edmonton region for February with no growth in activity foreseen until at least the summer, the Canada Mortgage and Housing Corporation said Monday.
: E4 W) n0 D& X% o% o
3 y1 k" t# ?6 D* C- H* e. k- cMultiple-unit starts led the decline with a near-86-per-cent drop from February of last year, according to preliminary CMHC figures. Multi-unit starts across the Capital Region totalled 64 units last month compared to 449 started in the same month a year ago.
1 ?& ]- t: _( t3 N5 c. y' M0 g! z6 Z* R+ o8 u. I% v) o
“Developer unease over rising condo apartment inventories will cause multi-unit starts to be lower this year than last,” said Richard Goatcher, CMHC senior market analyst for Edmonton.
- S$ b# X2 b. z# Y& P, U& T
* O7 ]) y$ B5 D: [In the single-detached market, shovels went into the ground for 149 homes in February — a 39 per cent drop from the 243 units started a year ago.% h* H& z3 J& X& B+ P
% v7 b' z }9 g
CMHC predicts single starts to remain slow throughout much of 2009. Building activity won’t pick up over the previous year’s pace until after mid-2009 — provided new house inventories head lower. Goatcher said it will likely take until 2010 for notable year-over-year increases in single starts.1 ?9 g1 x- O3 b6 q5 P* r
* q4 P) h3 D- I. o2 x4 UTotal housing starts in Alberta’s seven largest centres totalled 574 units in February, down from 1,867 a year ago, according to CMHC. Grande Prairie was the only city reporting a year-over-year increase in starts. |
|