 鲜花( 26)  鸡蛋( 0)
|
Housing starts fell in July: CMHC- \: }; M. F; n6 \* Z0 J
(CP) – 41 minutes ago9 }9 |' ]# _8 w1 {3 i4 l* J
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.
) f) r: A3 ~; X! t* }8 p- YHousing 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.6 W/ J) u2 l9 A z/ ^
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month., v3 Q Q9 N% o1 n# J+ g
"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.
1 i7 f8 |& I. jThe 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.3 |5 l& p( j/ N- |7 C( g
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.
# ^ J/ X# L% C; \1 T& q& XThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.5 p' x D2 X# c
It forecast 160,250 starts this year and about 163,350 for 2010., j* m+ {3 D( x( ]+ r
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.) J' {/ i3 M M% V" W+ a
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
. Q5 U& ?+ k# S. a2 V" T: R( DStarts in Quebec rose 16.6 per cent in July, while they fell in other regions, including a 15-per-cent drop in Ontario. |
|