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Housing starts fell in July: CMHC
0 W, c+ `- q1 m0 t7 `1 W1 Z; T(CP) – 41 minutes ago) S! n7 d6 z2 n
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.! W- |! e+ c+ [* j
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.& ]% q* n# ~& C! r4 {
In July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.2 E4 M, V2 M0 u5 i
"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.
; d9 R: x6 E% 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.2 [" N( s. K* H1 q. O: O0 ~- l
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.0 r1 B/ l9 Z. U; @0 y
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
1 v+ m2 d9 a% `5 d+ oIt forecast 160,250 starts this year and about 163,350 for 2010.
, P6 D7 E/ j# dUrban 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.
, C/ `0 h, U& \) W# ^4 H* URural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
7 G# S# U& n: p0 D2 CStarts 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
