 鲜花( 26)  鸡蛋( 0)
|
Housing starts fell in July: CMHC
7 s" t1 c% N7 k% K' {- M9 ]6 k p4 ~(CP) – 41 minutes ago
$ X+ s7 _) J7 |* R6 D. N6 s: b) OOTTAWA — 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.% V- P! V* y- K! 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.
, q1 a& i/ B1 dIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
) I7 K. L/ j; X( e' c3 ^"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 e) k9 l1 J' S/ a* qThe 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.
4 R. q6 G7 X; p4 H. ]4 D; xHousing 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.
4 v4 a# r$ X8 K) g8 sThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
+ E; w* I2 Y3 Y# P# VIt forecast 160,250 starts this year and about 163,350 for 2010.
5 i; f5 m+ P% T6 j4 e2 tUrban 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.' }7 D: K; S$ C: g6 L6 ~
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
. r9 i Q8 V) q, D/ A, cStarts in Quebec rose 16.6 per cent in July, while they fell in other regions, including a 15-per-cent drop in Ontario. |
|