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Housing starts fell in July: CMHC" l* F3 z4 S2 ^' c2 a$ P. p$ D
(CP) – 41 minutes ago3 g9 x6 H+ _$ X( [: O
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.
& d* d+ ~7 K0 @1 mHousing 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.2 N" H9 _' `0 E. u- c) d) S
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.) Q0 k% W0 P% V! D' w2 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.
, l2 ^7 U& }/ H. iThe 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.
. K& V8 _$ i3 ]1 RHousing 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.
1 {8 P+ ], g: eThe corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
) {+ b7 `+ O0 S4 g3 a4 x! kIt forecast 160,250 starts this year and about 163,350 for 2010.
Z+ C+ d8 e! fUrban 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 T- F) J5 r& e3 z" V8 [
Rural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
2 V/ Y& e2 @/ a) Y0 l. iStarts 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
