Edmonton housing starts dip again(ZT)

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EDMONTON – Housing starts fell again in the Edmonton region for February with no growth in activity foreseen until at least the summer, the Canada Mortgage and Housing Corporation said Monday.

3 V( ~1 i1 c7 r$ d) L2 P4 k; ?% T* sMultiple-unit starts led the decline with a near-86-per-cent drop from February of last year, according to preliminary CMHC figures. Multi-unit starts across the Capital Region totalled 64 units last month compared to 449 started in the same month a year ago.
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“Developer unease over rising condo apartment inventories will cause multi-unit starts to be lower this year than last,” said Richard Goatcher, CMHC senior market analyst for Edmonton.
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In the single-detached market, shovels went into the ground for 149 homes in February — a 39 per cent drop from the 243 units started a year ago.

CMHC predicts single starts to remain slow throughout much of 2009. Building activity won’t pick up over the previous year’s pace until after mid-2009 — provided new house inventories head lower. Goatcher said it will likely take until 2010 for notable year-over-year increases in single starts.

4 j2 Y" w# E: q+ TTotal housing starts in Alberta’s seven largest centres totalled 574 units in February, down from 1,867 a year ago, according to CMHC. Grande Prairie was the only city reporting a year-over-year increase in starts.

catty

统计数据不是太可靠，我觉得12/1月跌幅明显，结果是2个月condo微涨，反倒是2月房价有企稳的迹象结果跌幅较大。房子上市价格比较合适的话，几天就没有啦，说明市场需求明显。现在最重要的是年薪高的有钱人要果断入市投资，象巴菲特那样不恐惧的底部建仓。现在的经济形势starter不敢买房，又将错过良机

dezhongxiao

老巴巨亏，正哭呢。

catty

U.S. billionaire Warren Buffett says the economy has "fallen off a cliff" over the past six months and consumers have changed their habits in remarkable ways.
Buffett said Monday during a live appearance on CNBC that current economic turmoil has basically followed the worst-case scenario he envisioned.
2 u7 j( w+ G! H: N"It's fallen off a cliff," Buffett said. "Not only has the economy slowed down a lot, but people have really changed their habits like I haven't seen."
& Z1 I4 c  I1 y; ^说啦，美国已经从悬崖上掉下去啦，按照正常自有裸体速度，很快就能触底。
5 T0 p; R/ c, g3 L! J, ?就像07年5月经纪人吆喝大家要果断入市一样，留下的时间已经不过拉

caoqian

希望再跌20%