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Housing starts fell in July: CMHC( \7 C9 O# S* c1 x8 @
(CP) – 41 minutes ago
8 q$ i0 i' i U7 |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.' I* A7 b" Y6 k0 ]
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.
, F8 y; w+ y7 z1 F# K3 VIn July of last year, there were 18,229 actual starts. The agency estimated there were 12,712 actual starts last month.
' F4 F. y& a) \8 J"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.
6 f s+ X, `' h, `% ?The 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.$ w8 L; k1 ^, R' H6 u
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: V- i3 M. o
The corporation said in January that starts reached 211,056 units in 2008, down from 228,343 in 2007.
! B% n4 M4 [# y4 X& KIt forecast 160,250 starts this year and about 163,350 for 2010.
# I. i+ c9 N+ ?7 D RUrban 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.
" L1 ^7 V5 K+ L; l& K5 \# w& S! VRural starts were estimated at a seasonally adjusted annual rate of 18,600 units.
1 L4 ?) \7 }+ o$ `3 ~Starts 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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