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Housing starts fell in July: CMHC; u; o0 a9 D! I! F+ H$ h1 Q" l, B
(CP) – 41 minutes ago% T$ G' U7 ~ r# t/ F5 t3 |
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.; B' O% ^7 [+ s5 P
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.; h) n4 q6 C6 _1 ]1 I% Y
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
/ g7 A- y/ `" o7 k i, o"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.$ ~) v* l1 J" L1 W- Y- A
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.( @# H9 O: T% m$ e1 w7 d
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.9 @9 e7 |* S/ n- J R
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
3 q) @+ F& z9 m8 x* UIt forecast 160,250 starts this year and about 163,350 for 2010.
# x* i5 T1 W7 F; y6 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.9 C# S6 b! y @1 A
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
" P6 O5 e, m5 e; T3 sStarts 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
