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Housing starts fell in July: CMHC2 O5 T4 N( l6 {" l4 i
(CP) – 41 minutes ago7 t" m* m; f: z9 C. n5 }
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.' O$ P6 D5 N) o' N" Z- N7 l- a
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.
$ i; |+ s3 g( g# j. q+ cIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.' V& `& X0 T6 G7 ?# R, r
"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." z- O& r6 A0 `* `8 h4 N, D3 h7 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.* T: n9 v9 K" f+ P
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.
5 R5 {& C8 a, F' B" D$ r5 OThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
( x; q- e: t0 ?& f6 d# V" i0 Z! ]$ VIt forecast 160,250 starts this year and about 163,350 for 2010.9 g5 J5 S9 C: X$ ~& U7 t) d0 k
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.
) A+ o! I! ]5 G& t. x) [Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
: R" Y9 V) o; e4 }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
